FUN-FOOD Ltd is a manufacturer of ready-made meals. In order to keep up with competition and decrease its costs, FUN-FOOD is considering the purchase of a highly specialised machine to replace its existing production line. Further information pertaining to the installation of this machine are as follows: The machine will require an initial outlay of $409,000. The machine is expected to be used for 10 years, after which FUN-FOOD intends to sell it for $75,000. As a result of the installation of the machine, FUN-FOOD expects a significant reduction in running costs along with an increase in production capacity. Overall, FUN-FOOD expects the net cash flows to be $80,000 per year, every year for the 10 years of useful life. Required (show all workings): Calculate the payback period (rounded to 2 decimal places) of this investment. Please show all workings. Using an interest rate of 10%, and the present value table (use full index figure in 4 decimal places), calculate the Net Present Value (NPV) of this investment. (Round your answers to two decimal places.) Please show all workings. Using your findings in parts (a) and (b), determine whether FUN-FOOD should accept this project. Please provide a rationale for your answer. Please show all workings