Mini-Project 2: Capital Budgeting Analysis (50 points): A firm is planning a new oil and gas project that is estimated to yield cash flows of -$89 million per year in Year 1 through Year 3, $59 million per year in Years 4 through 5, and $95 million in Years 6 through 9, and $135 million in Years 10 through 15. This investment will cost the company $285 million today (initial outlay). We assume that the firm's cost of capital is 7.5%. (1) Draw a time line to show the cash flows of the project. (2) Compute payback period, net present value (NPV), profitability index (PI), internal rate of return (IRR), and modified internal rate of return (MIRR). (3) Discuss whether the project should be taken or not.