The following information relates to a capital investment known as Project Z141 of Quhama Limited: Project Z141 Investment R340 000 Expected life 5 years Cost of capital 15% Expected cash flows: Rand End of: Year 1 134 000 Year 2 117 000 Year 3 109 000 Year 4 100 000 Year 5 92 000 Average annual profit 42 100 Required: 2.1 Calculate the accounting rate of return. (Answer rounded off to 2 decimal places) (5) 2.2 Calculate the payback period. (Answer in years, months and days) (6) 2.3 If a payback period of 2 years is required, will the project be accepted? Explain (3) 2.4 Calculate the net present value (NPV). (Round off amounts to the nearest Rand) (8) 2.5 Based on the NPV would the project be accepted? Explain (3)