Please indicate the process of answering the questions and clearly mark the number of questions

(10 marks) Modern Artifacts can produce keepsakes that will be sold for $80 each. The materials cost for each keepsake is $60. The fixed costs incurred each year for factory upkeep and administrative expenses are $1,000. The project requires an initial investment of $4,000 and is depreciated straight line over the 5-year life of the project to a salvage value of zero. The firm's tax rate is 30 percent and the discount rate is 10 percent. (5 marks) Find the annual cash flow for investment evaluation purposes when sales are 100 units each year. a. b. (4 marks) Find the net present value of the project and determine whether it should be accepted. (circle one) REJECT ACCEPT NPV= (1 mark) The Net Present Value break-even number of keepsakes would be LESS THAN c. 100 units. (circle one) EQUAL TO GREATER THAN