If the calculation is fully shown thumps up will be given

Ariake Inc. is considering a major expansion of its product line and has estimated the following free cash flows associated with such an expansion. The initial outlay would be $1,850,000, and the project would generate incremental free cash flows of $400,000 per year for 7 years. The appropriate required rate of return is 8 percent.

a. Calculate the NPV b. Calculate the PI c. Calculate the IRR d. Should the project be accepted?

(*You must show your calculation process as well.)