Question 1 (30 points): Consider an escalation rate of 11% for all costs (including environmental remediation cost) and 8% for all incomes (including salvage value) for a project. At the end of 11" year, the project a salvage value of $6,000 and an environmental remediation cost of $15,000 Year 2 0 18 | 101 Cout 54,000 -16.000 0 0 0 0 0 Income 13,000 12.000 10,000 10,000 9.000 9.000 8,000 8,000 7,000 7,000 6,000 a) Calculate the escalated-dollar cash flow b) Calculate the escalated-dollar IRR c) Calculate the escalated dollar NPV, using an escalated-dollar Winimum rate of return of 12%. 0123 6000