EncryptCo is a Canadian company considering an international contract with a firm in the nation of Iceberg. The contract will last 5 years. It will involve the construction of an electrical generator for a residential area in Iceberg's largest city, Snowville. Iceberg's national currency is the blizzar. The table below contains data for the project. Use Excel. Include the output onto your solution and please ensure that it fits onto a page.

First Cost (Blizzars)	1,800,000
Net Revenue 2022 to 2027 (Blizzars)	550,000
Expected Iceberg Inflation Rate	10%
Value of the Blizzar VS Canadian dollar in 2022 ($)	$1.25
Expected annual rate of decline of the value of the Blizzar VS the Canadian dollar	5%
Expected Inflation in Canada	6.5%
EncryptCo's Real MARR	15%

(a) Find the present worth of the project assuming no inflation.

(b) Find the present worth of the contract using the above inflation rates.

(c) Should EncryptCo pursue the project given the above inflation rates?