QUESTION 2 (answer should be recorded on paper and uploaded): The following project is being considered by an engineering company. To realise this project an investment of the order of 120,000 is required. The anticipated payoffs can be seen in Table 1 below. Table 1. An investment project and expected payoffs N 0 1 2 3 4. 5 6 Amount ( 120,000) 32.000 32,000 32,000 32,000 32.000 32.000 a) Compute the Depreciation allowances of this investment, using 5-year double MACRS method 17.5 marks] b) If the Company's MARR is 15%, evaluate the economic attractiveness of this product using the NPW criterion [7.5 marks] c) What the IRR of this investment? [15 marks