Assuming the monetary benefits of an information system at $85,000 per year, one-time cost $75,000, recurring costs of $35,000 per year, a discount rate of 12%, and a five-year time horizon.

a: Calculate the net present value (NPV) of all costs, and NPV of all benefits of this information system. Show both calculated and formulas sheet.

b. Calculate the overall return (ROI) on the investment of the project. Show both calculated and formulas sheet.

c. Present a break-even analysis. At what point does breakeven occur?