only do question 1 please

REC File Home Insert Page Layout Formulas Data Qu Calibri 11 - A A ext * Cut 2 Copy Format Painter Paste BIU- & Clipboard Font 135 X 2,800,000 300,000 2,500,000 1 Q1. ABC Company is studying a project that would have a five year life and 2 require a $1,600,000 investmentin equipment. At the end of five years, the 3 project would terminate and the equipment would have no value left over. 4 The project would provide net income each year as follows: 5 2018 6 Sales 7 Less COGS 8 Gross Margin 9 10 Less: Operating Expenses 11 Advertising, Salaries and other fixed 12 Salary expense 13 Utility Expense accrued 14 Amortization 15 Total Expenses 16 17 18 Net Income 19 20 The company's discount rate is 18% 21 22 1) compute the net annual cash inflow from project 23 24 2) compute the net present value of the project. Is it acceptable? 25 1,050,000 1,100,000 60,000 100,000 2,310,000 190,000 26 + 27 28 Q2 29 Baron Ltd makes a commercial cleaning compound known as Loomp. 30 The direct materials and direct labour standards for one unit of Loomp follow Standard Standard Price or Quantity or Standard Cost Rate 31 hours 32 Direct materials 2.1 kg $5.50 per kg $11.55 33 Direct Labour 0.2 hour 12.00 per hour 2.40 34 35 During the most recent month, the following activity was recorded 36 A3 Chp7 A4-done A5 Chp8 ch13 A67 + Ready