Q1. There is an independent project of Ocean CO. (corporation) requires calculating Internal Rate of Return. This project cash outflow is $90,000 and the following are the cash inflows after tax but before depreciation. Years Cash Inflows (S) 140,000 2 14,000 3 25,000 4 20,000 5 15,000 Required: A) What is the IRR of this project? Do you accept/reject this project based on IRR considering the current pandemic scenario of the economy? Give elaborated explanation to your answer. 17 Marks B) List and explain other issues other than IRR are relevant to the decision whether to invest or not in this project investment 17 Marks Q1. There is an independent project of Ocean CO. (corporation) requires calculating Internal Rate of Return. This project cash outflow is $90,000 and the following are the cash inflows after tax but before depreciation. Years Cash Inflows (S) 140,000 2 14,000 3 25,000 4 20,000 5 15,000 Required: A) What is the IRR of this project? Do you accept/reject this project based on IRR considering the current pandemic scenario of the economy? Give elaborated explanation to your answer. 17 Marks B) List and explain other issues other than IRR are relevant to the decision whether to invest or not in this project investment 17 Marks