The Drillago company is involved in searching for locations in which to drill for oil. The firm's current project requires as initial investment of $15 million and has an estimated life of 10 years. The expected future cash inflows for the project are as shown in the following table The firm's current cost of capital is 13% Create a spreadsheet to answer the following question Calculate the project's net present value (NPV). Is the project acceptable under The NPV technique? Explain. Calculate the project's internal rate of return (IRR). Is the project acceptable under the IRR technique? Explain. In this case, did the twp methods produce the same results? Generally, Is there a preference between the NPV and IRR techniques? Explain Calculate the payback period for the period. If the firm usually accepts projects that have payback periods between 1 and 7 years, is this project acceptable