Laguna, Inc. is considering a "net investment" of P102,000 fixed asset in a new product line. Useful life is three(3) years with P3,000 scrap value. Projected sales is P100,000 each year, that is P50 unit selling price. Variable cost is P22 per unit. Projects must meet a minimum 10% discounted rate to be acceptable. Income tax rate is 30%. All variable costs are out-of-pocket expenditures. REQUIRED: Compute for the following. (Place final answer in the answer sheet. Supporting computations will be submitted to get credit. Round peso amounts to the nearest peso. Erasures and alterations are not allowed in the answer sheet). A. Assuming the use of straight-line depreciation 1. Net investment 2. Net returns, year 1 3. Net returns, year 2 4. Net returns year 3 5. Payback (round to 3 decimals) 6. Discounted rate of return (Use tables in chapter 9; round to 3 decimal places) 7. Net present value 8. Profitability index (Round to 3 decimal places. 9. Net income, year 1 B. Assuming the use of SYD depreciation 10. Original cost of the fixed asset 11. Net returns, year 1 12. Net returns, year 2 13. Net returns, year 3 14. Payback (round to 3 decimals) 15. Discounted rate of returns (Use tables in chapter 9; round to 3 decimal places) 16. Net present value 17. Profitability index (Round to 3 decimal places) 18. Net income, year 1 19. Net income year 2 20. Net income, year 3