Kindly provide the solution for the following:

Calculate for each project the following variables and indicate which project will be chosen.

1. Discounted payback period (DPB).
2. Modified internal rate of return (MIRR)
3. Net present value (NPV)
4. Profitability Index (PI)
5. Internal Rate of Return (IRR)

Mariakani Ltd is considering investing in one of two mutually exclusive projects. The relevant cash flows of each of the projects are shown in the table below. The firm's cost of capital is 15%. Cash flows accrue at the end of the year. Project P Project (Sh."000") (Sh."000") Initial Investment (38,500) (37,000) Cash Flows Year: 1 25,000 30,000 2 11,000 8,000 3 20,000 4,000 4 15,000 22,000 5 6,000 10,000 6 5,000 15,000