lleg Brady, Inc. is considering purchasing an amusement park for $1,950,000 The park will generate annual net cash inflows of $505,000 for eight years, Engineers estimate the facility will have an 8 year useful life and have no residual value. The company uses straight-line depreciation. Its owners want payback in less than 5 years and an ARR of 10% or more. Management uses a 14% discount rate on investments of this nature Requirement: 1. Compute the payback period, the ARR, the NPV and the IRR of this investment. 2. Recommend whether the company should invest in this project The payback period is: years, Round the payback period to one decimal place. The ARR is % Round the ARR to one decimal place The NPV is I Round the NPV to the nearest whole dollar The IRR is [% Round the IRR percentage to one decimal place (eg. 10.236% is 10.2% Should Brady, Inc. invest in this project?Answer Yes or No