Huron Shores Bakery is expecting to generate the following from a $692,000 investment:

Year	Earnings before Amortization and Taxes	Cash flows (after taxes and preferred share dividends)
1	$208,000	$180,200
2	171,000	154,300
3	175,000	157,100
4	292,000	239,000
5	244,000	205,400
6	192,000	169,000

Additional Information:

• the asset will be fully depreciating over the six-year time period, using straight-line depreciation, and
• Huron Shores Bakery has a 30.00 percent tax rate.

Requirements:

Compute:

1. Average Account Return
1. the payback period
2. IRR for the project
3. NPV if WACC is 10.00 percent

Should the project be undertaken? (Click to select) Yes No