Please make the response detailed and easy to read. And please solve using excel and show formulas. Thank you.

Calculate PB, DPB, NPV, IRR, and PI for the following project: net cash flows for this 5 year project are: $250,000, $300,000, $400,000, $500,000 and $233,594 with an initial investment of $425,000. You use a discount rate of 12%