Ledu au Barning O Financial Management T321 Salient Ltd requires 11% pa required rate of return and has a required payback period of 2 years. The company is considering a new project that will cost $60,000 and provide the following expected after tax cash flows (Cash flows occur at the end of each year). Year Cash flow of Project ($) 20,000 on 1 2. 30,000 15,000 4 12,000 Calculate the Net Present Value (NPV), Profitability Index (PI) and Payback period of the project (show answers correct to two decimal places) and explain if the company should choose this project or not U de ili % S X A HII >