Taylor Inc. is thinking of buying some new equipment for the family business.

• The equipment costs $300,000
• Equipment lasts 5 years
• It is expected that the new equipment will generate after-tax cash flows of $60,000 in the 1^st year and increase by 20% for each or the next 4 years.
• After the project, they will sell the equipment for $50,000.
• The companies required return is 15%.

Based on above calculate the projects

1. NPV
2. IRR
3. Profitability Index
4. Payback
5. Discounted Payback