Majestic's investment appraisal committee have worked out the Net Cash flows in the working shown below.

Additional details of the project are also given below.

$\backslash$table$[[,$Year $0,$Year $1,$Year $2,$Year $3,$Year $4,$Year $5],[$Net Cashflows,$-99,000\mathrm{.}00,23,800\mathrm{.}00,26,087\mathrm{.}50,28,589\mathrm{.}69,31,326\mathrm{.}63,36,520\mathrm{.}26$