How do yu calculate PV of incremental free cash flow and NPV? Please Calculate for the given data in steps?

PROJECT EVALUATION - SUBMISSION Note: All values to be in $thousands & all expenses and cash outflows are to be entered as negative numbers. Weighted Average Year 1 2 3 4 Cost of Capital: 8.2% Opening Book Value 240 120 60 30 less Depreciation -120 -60 -30 -30 Tax Rate: 20.0% Closing Book Value 120 30 0 Cash Flow 0 5 Revenue 134 129.98 126.09 122.31 less Wages -28 -28 28 -28 less Maintenance -11 .15 -19 -23 less Depreciation 120 -60 30 .30 tunity Cost (Rent) -15 -15 15 -15 Incremental EBIT -40.00 11.98 34.09 26.31 less Tax 8 -2.396 6.818 -5.262 Incremental Earnings -32.00 9.58 27.27 21.05 Initial Outlay -240 plus Depreciation 120 50 30 30 Net Working Capital -1 14 Salvage Value 29 less Tax on Profit on Sale of Asset -5.8 Incremental Free Cash Flows 254.00 88.00 69.58 57.27 51.05 37.20 PV of Incremental FCFs NPV Should the project be accepted? Why/why not? Please select all of the following that apply