Question 4 25 Marks Jimmy Reynolds is considering investing R12,000 in a project with the following cash revenues and expenses: Revenues Expenses Year 1 R20,000 R18,000 Year 2 R22,000 R19,000 Year 3 R22,000 R20,000 Year 4 R22,000 R17,000 Year 5 R25,000 R17,000 Jimmy requires a minimum rate of return of 8%. A. Calculate the net cash inflows in each of the 5 years. B. What is the payback period? C. What is the net present value of the investment?