please show all work, not in excel. thanks

15. Firm XYZ has the opportunity to invest in Project 123 that costs $900,000 and is expected to generate the following total cash flows: Year 1 2 3 Cash Flow $250,000 $400,000 $350,000 XYZ faces a corporate tax rate of 40%. It has the following financing outstanding: Debt: 9,000 bonds with a coupon rate of 6% (paid semi-annually) with a current price quote of 106.4 and 20 years to maturity. Preferred stock: 150,000 shares of 6% preferred stock with a current price of $84 and a par value of $100. Common stock: 400,000 shares outstanding, selling for $55 per share. The stock's beta is 1.52. The market risk premium is 6% and the risk-free rate is 3%. Compute the NPV of the project and indicate whether it should be accepted. (15 points)