Casey Neison is o divisional manager for Pigeon Company. His annual pay raises are largely determined by his division's return on investment (RO9), which has been above 23% each of the last three years. Cosey is considering a capital budgeting project requiring a $5,380,000 investment in equipment with a useful lide of flve years and no salvage value. Pigeon Compary's discount rate is 19%. The project would provide net operating income each year for five years as follows: Click here to vew Exhibit 1498 and Fhibit 1482 , to determine the appropriate discount factor(s) using tables. Required: 1. What is the projects net presem value? 2. What is the project's internal rate of return to the neorest whole percent? 3. What is the project's simple role of return? 4. Would the company want Casey to pursue this investment opportunty? 4b. Would Caser be inclined to pursie this invesiment opportunity? Complete this question by entering your anvwers in the tabs belew. What is the projects net present value? Note: Round your frod answer to the nearest nhole doliar amount