Skywards Inc., an airline caterer, is purchasing refrigerated trucks at a total cost of $3.25 million. After-tax net income from this investment is expected to be $750,000 for the next five years. Annual depreciation expense was $650,000. The companys cost of capital is 15 percent.

(my professor wants this on excel but I seem to be struggling on getting the formulas for the graphs correct) what excel formula do I use and how do I get the first number for each.

Compute the discounted payback for this project?

Compute the NPV for this project

Compute the IRR for this project