Perform a financial analysis for a project XY. Assume the projected costs and benefits for this project are spread over four years as follows: Estimated costs are $300,000 in Year 1 and $50,000 each year in Years 2, 3, and 4. Estimated benefits are $0 in Year 1 and $180,000 each year in Years 2, 3, and 4. Use a 9 percent discount rate, and round the discount factors to two decimal places. Create a spreadsheet to calculate and clearly display the following:

NPV

ROI

The year in which payback occurs.