Cost of the project: $8,000

Year	After tax Cash flow
1	$4,000
2	$2,000
3	$2,000
4	$2,000
5	$2,000

The cost of capital is 15 percent. Calculate the Payback period, NPV, and IRR. Should you accept or reject the project? Why?

Please show all written out calculations. Please write out the whole calculations.