I need help on question 2 please show me how it was found.

Palmer Co. Palmer Co. is considering a project that would have a ten-year life and would require a $1,400,000 investment in equipment. At the end of ten years, the project would terminate and the equipment would have no salvage value. The project would provide net operating Income each year as follows: Sales $1,700,000 -Variable Expenses 1.200.000 Contribution Margin 500,000 - Fixed Expenses Fixed Out-of-Pocket Cash Expenses 200,000 Depreciation 120,000 320,000 Net Operating Income $180,000 All of the above items, except for depreciation, represent cash flows. The company's required rate of return is 12% acore a. Compute the project's net present value. PV Years Annualcash per 1 300pcoX-8929 #2667,852 2 303 BOOX.972 +231 152 300,000 X 17118 = 213,534 308,800 X 6355 190, cess s 300,000*.5674 300,COOX Soe $7.99 300,000 X4523 b. Compute the project's internal rate of return to the nedrest whole percent. 125,705 of school Hose #121,45 a 300,00 3600 F 108, 183 10 300,00 3220 & 29,992 Puot cash lows Taboo mitig staan 1,400.000 Projects Act 275,007 $ 270,288 c. Compute the project's payback period. 148,000/300,000 = 4.667 years