Saudi Electricity is considering a major expansion of its product line and has estimated the following cash flows associated with such an expansion. The initial outlay would be $5,500,000, and the project would generate incremental free cash flows of $1,150,000 per year for 6 years. The appropriate required rate of return is 8 percent. a. Calculate the NPV. b. Calculate the PI. c. Calculate the IRR. d. Should this project be accepted?