The investment will cost $$14,100$ today.

Required:

a$.$ Will this investment be profitable?

b$.$ What will be the IRR $($compounded annually$)$ on this investment?

c$.$ Show how much of each year's cash flow is recovery of the $$14,100$ investment and how

much of the cash flow is return on investment. $($Hint: See Exhibit $3-13$ and Concept Box $3\mathrm{.}2.)$

Answer is complete but not entirely correct.

Complete this question by entering your answers in the tabs below.

Show how much of each year's cash flow is recovery of the $$14,100$ investment and how much $($

investment. $($Hint: See Exhibit $3-13$ and Concept Box $3\mathrm{.}2.)$

Note: Do not round intermediate calculations and round your final answers to $2$ decimal places.