Harris Corporation provides the following data on a proposed capital project: Initial investment outlay $ 200,000 Expected useful life 4 Years Increase in annual net cash inflow (before taxes) $ 66,000 Required rate of return (i.e., discount rate) 12 % Income tax rate, t 25 % Harris uses straight-line depreciation method with no salvage value. Required: Compute for the proposed investment project: 1. The projects estimated NPV (the PV annuity factor for 12%, 4 years is 3.037). Round your answer to nearest whole number (dollar) (2 Marks) 2. The projects IRR (to the nearest tenth of a percent). Note: PV annuity factors for 4 years: @ 8% = 3.312; @ 9% = 3.240; @ 10% = 3.170; @ 11% = 3.102; @ 12% = 3.037; and, @ 13% = 2.974). (2 Marks) 3. Payback period (assume that cash inflows occur evenly throughout the year); round answer to two decimal places (e.g., 4.459 years = 4.46 years, rounded). (1 Mark) 4. Accounting rate of return (ARR) on the net initial investment, rounded to two decimal places (e.g., 10.4233% = 10.42%). (1 Mark) 5. Discounted payback period (assume that the cash inflows occur evenly throughout the year; round your answer to 2 decimal places). The appropriate PV factors for 12% are as follows: year 1 = 0.893; year 2 = 0.797; year 3 = 0.712; year 4 = 0.636. (2 Marks)