Q3. A project has the following cash flow with a discount rate of 12%: Annual cash flows:

Year 0	$ -520,000
Year1	$170,000
year2	$ 210,000
year3	$ 225,000
Year4	$ 195,000

$520,000 is used in purchasing an equipment for the project only. Compute the following:

A. Payback period;

B. Discounted Payback period;

C. NPV;

D. Profitability Index;

E. Average Accounting Return, assuming that the cash flow shown is the income before tax and depreciation and ignoring the tax effects. F. Should the project be accepted. Explain.