Table -1-Cash flow Estimation Plant 1 Net Income Depreciation (Straight- tine) Net Cash Flow Plant 2 Net Income Depredation {Straight- line) Net Cash Flow Year 0 $1,000,000 Year 1 Year 2 Year 4 Year 5 $160,000 $180,000 $320,000 $465,000 $530,000 $210,000 $240,000 $205,000 $205,000 190,000 $370,000 $420,000 $525,000 $670,000 $720,000 Year 3 $430,000 $235,000 $165,000 $175,000 $150,000 $50,000 $50,000 $185,000 $160,000 $160,000 -$900,000 $595,000 $410,000 $335,000 $210,000 $210,000 Required 1. Calculate the NPV for the two projects and explain the relevance using 10% as the discount rate. Howshould Saood convince the Board that the NPV method is the way to go?