EcoEnergy Ltd. considers purchasing new solar panels costing $750,000 with an expected life of 10 years. The panels will be depreciated on a straight-line basis to zero. Working capital requirement is $80,000, to be recovered in year 10. The company's hurdle rate is 12%.

Cash Flows:

• Year 1: $90,000
• Year 2: $110,000
• Year 3: $130,000
• Year 4: $150,000
• Year 5: $160,000
• Year 6: $170,000
• Year 7: $180,000
• Year 8: $190,000
• Year 9: $200,000
• Year 10: $210,000

Requirements:

1. Calculate the Accounting Rate of Return (ARR).
2. Determine the Discounted Payback Period.
3. Compute the NPV.
4. Calculate the IRR.
5. Decide if the project should be accepted based on financial metrics.