(Section II, Q4, 35 points) "William's Aquaculture Farm" is considering to buy a specialized equipment facilitating fish feeding and catching activities. The cost (initial investment) of this is $150,000, with an expected life of 5 year. It is not expected to have any appreciable salvage value in these 5 years. The owner and management of William's Aquaculture Farm feel that a 15 percent retum should be expected from any new investment project before it can be undertaken. Expected net cash flow resulting from the investment in each year are shown in Table below. . Now, compute net present value of this investment at the rate the owner and management of "William's Aquaculture Farm" expects. Fill out the places with XXXXX. (28 points) Year Net Cash Inflow Present Value 1 50,000 XXXXXXXXX 2 50,000 3 50,000 XXXXXXXXX 4 30,000 XXXX S 20,000 Total Present Value XXXXXXXXX Initial Investment Net Present Value -$150.000 XXXXXXXXX b. Do you believe this investment project would be good for William's Aquaculture Farm? Why or why not? (7 points)