Step by step answer please.

You are analyzing a project for your firm. The project has a sunk cost of $15,000. the project costs of $16,000. The project's future cash flows are expected to be: $8,000 in year 2,$0 in year 3,$6,000 in year 4 , and $10,000 in year 5 . There salvage value in year 5 . Your firm's discount rate is 15%. 5. Calculate the discounted payback period. If your firm has a required p 3.9 years, do you accept or reject? 6. Calculate the internal rate of return. Do you accept or reject? You are analyzing a project for your firm. The project has a sunk cost of $15,000. the project costs of $16,000. The project's future cash flows are expected to be: $8,000 in year 2,$0 in year 3,$6,000 in year 4 , and $10,000 in year 5 . There salvage value in year 5 . Your firm's discount rate is 15%. 5. Calculate the discounted payback period. If your firm has a required p 3.9 years, do you accept or reject? 6. Calculate the internal rate of return. Do you accept or reject