feasibility studies

3. A firm interested in investing in a new project that would cost 4 million L.E (4,000,000). The project has a life time of 6 years with a forecasted sales value given below, it's operating cost =70% of sales value and depreciation is assumed to be calculated using straight line method while the tax rate is 50%. (u, svat ketung cost= zero) Calculate: a) Over the period of time involved, determine the yearly net profit after tax (net income) using an income statement. b) SRR1