the 3 Project life 5 years Salvage value 6 7 The project would provide net operating income each year as follows: Sales Variable expemes 9 Costribution margin 0 Fixed expenses I Salaries, rent and other fixed out-of pocket costs 2 Depreciation 3 Total ixed expenses 4 Net operating income 1,150,000 520 000 6 Cost of Capital 17 I 1. Compute the annual net cash inflow from the project 630,000 02. Complete the following timelise to compute the net present value of the future cash flows for this project. Don't forget to include the salvape value in year 5 21 23 Net cash ow 24 Discount Factor 1 XC.fr) 25 Present value of the cash flos 6Net peesent value 2 3. Use Excel's NPV function to compute the present value of the cash flows from years 1-5. Do not include the original investment at time zero 9 NPV of Cash Flows from Years 1-5 Deduct the cot of th nvestment Net peesent value Write an ifthen statement to ACCEPT or REJECT the project based on NPV 4 4. Use Excel's IRR function to compute the project's internal rate of return Wrise an ifthen statement to ACCEPT or REJECT the project based on IRR