J. Morgan of SparkPlug Inc. has been approached to take over a production facility from B.R. Machine be $465,500 per year for 12 years SparkPi g are ty uses 8% for its after-tax cost of capital. Tom Morgan, production manager, is very much in favor of the investment. He argues that the total after-tax net cash inflow is more than the cost of the investment, even if the demand for the product is somewhat uncertain. "The project will pay for itself even if the demand is only hailf the projected level. Cindy Morpan (corporate controller) believes that the cost of capital should be 1 1% because of the declining demand for SparkPug products. (Use label and Table 2) Required: 1 Assume the project's after-tax cost of capital is 8%. Caloulate the NPV of this project. Should Morgan accept the project? (Negative amounts should be indicated by a minus sign. Round your answer to the nearest whole dollar amount.) NPV project? (Negative amounts should be indicated by a minus sign. Round your answer to the nearest whole dollar amount.) NPV 3(a). Use the built-in function in Excel to estimate the project's IRR. (Round your answer to 2 decimal places.) IRR 3. Do a sensitivity analysis by using GOAL SEEK to determine, given estimated cash inflows, the original investment outlay that would result in an IRR of 11%. (Round your answer to nearest whole dollar amount.)