Please solve both the parts:

Part 1:

part 2:

Hy HY HY Price of new Jet 4,00,00,000 WDV dep rate 20% Increase in net working capital 2,00,000 Increase in annual before-tax revenues * 20,00,000 Increase in annual operting costs 5,00,000 Project life 3 years salvage value after 3 years 2,50,00,000 Marginal Tax Rate 40% Hurdle Rate 10% HY Compute: 1) Net Incremental Cash Flows for the project 2) Compute Payback Period, NPV and IRR of the project You must clearly show yearly Cash Flows, Payback Period, NPV and IRR computed and suggest the decisions. Cost of existing digging equipment 5-years ago 10,00,000 WDV dep rate 20% Current scrap value 2,00,000 New equipment cost * 12,00,000 WDV dep rate of 5 years' of life 20% Selling price of new equipment after its life 4,00,000 Annual reduction in expenses 2,00,000 Marginal Tax Rate 35% Hurdle Rate 10% Compute: 1) Net Incremental Cash Flows for the project 2) Compute Payback Period, NPV and IRR of the project You must clearly show yearly Cash Flows, Payback Period, NPV and IRR computed and suggest the decisions