The management of SeekYou University is deciding whether to invest in a new learning management system to replace Moodle. The projected costs and savings are set out below. Savings will be made by needing fewer staff to maintain the new system. Assume all cash flows occur at year-end except for initial investment amounts. City Hospital uses straight-line depreciation. . Initial cost: $300,000 . Annual savings: $75,000 . Years of asset life: 10 . Asset value at end of project: $0 . Required rate of return: 15% Required 1. Calculate the following for the new learning management system (2 marks each): 1. Net present value 2. Payback period 3. Internal rate of return 4. Accrual accounting rate of return based on net initial investment 2. Should SeekYou University invest in the new system? Support your answer by referring to the results of your calculations in Requirement 1 above. (2 marks)