please help with 1-3b !

Check my work 18 0.47 points Derrick Iverson is a divisional manager for Holston Company. His annual pay raises are largely determined by his division's return on Investment (ROI), which has been above 20% each of the last three years. Derrick is considering a capital budgeting project that would require a $3,300,000 investment in equipment with a useful life of five years and no salvage value. Holston Company's discount rate is 17%. The project would provide net operating income each year for five years as follows: Sales $ 2,900,000 Variable expenses 1.200,000 Contribution margin 1,700,000 Fixed expenses: Advertising, salaries, and other fixed out-of-pocket costs $ 640,000 Depreciation 660,000 Total fixed expenses 1,300,000 Net operating income $ 480,000 Click here to view Exhikt 128_1 and Exhibit 120.2. to determine the appropriate discount factor(s) using tables Required: 1. Compute the project's net present value. 2. Compute the project's simple rate of return 30. Would the company want Derrick to pursue this investment opportunity? 36. Would Derrick be inclined to pursue this investment opportunity? Part References Complete this question by entering your answers in the tabs below. Reg Reg 2 ReQ 3A Reg 38 Compute the project's not present value. (Round your final answer to the nearest whole dollar amount)