Question Three: (7marks) You are faced with making a decision on an investment proposal. The capital investment amount is $500,000. Estimated annual revenue at the end of each year in the ten year study period is $150,000. The estimated annual year-end expenses are $30,000 starting in year one. These expenses begin decreasing by $3,000 per year starting at the end of year six and continue decreasing through till the end of the investment. Assuming a $15,000 market value at the end of year ten and MARR=7% per year. Evaluate this investment using Present Worth method then find Simple Payback Period (if any)