Please complete Quick Study as follows: Remember when doing NPV & IRR, use my in-class assignment as a guide and utilize the PVA table that I provide you. This method will be different than Chapter 11 describes, but will save you time. 1) Tinto Company is planning to invest in a project at a cost of $135,000. This project has the following expected cash flows over its three-year life: Year 1, $45,000; Year 2, $52,000; and Year 3, $78,000. Management requires a 10% rate of return on its investments. Compute the net present value of this investment. 2) If Kimball Company invests $100,000 today, it can expect to receive $20,000 at the end of each year for the next seven years plus an extra $12,000 at the end of the seventh year. What is the net present value of this investment assuming a required 8% return on investments? 3) Camino Company is considering an investment expected to generate an average net income after taxes of $3,825 for three years. The investment costs $90,000 and has an estimated $12,000 salvage value. Compute the accounting rate of return for this investment; assume the company uses straight-line depreciation. Hint: Use the following formula when computing the average annual investment. Annual average investment = (straight-line case only) Beginning book value + Ending book value 2