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GOOD MORNING FOOD INC IS USING THE PI WHEN EVALUATING PROJECTS. YOU HAVE TO FIND THE PI FOR THE COMPANYS PROJECT, ASSUMING THE COMPANYS COST

GOOD MORNING FOOD INC IS USING THE PI WHEN EVALUATING PROJECTS. YOU HAVE TO FIND THE PI FOR THE COMPANYS PROJECT, ASSUMING THE COMPANYS COST OF CAPITAL IS 13.19 PERCENT. THE INITIAL OUTLAY FOR THE PROJECT IS 366378. THE PROJECT WILL PRODUCE THE FOLLOWING END OF THE YEAR AFTER TAX CASH INFLOWS OF

YEAR 1 129634

YEAR 2 70580

YEAR 3 43692

YEAR 4 251531

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