The state decided to establish a governmental agricultural project and commissioned the specialists to study the feasibility of the project. Data on the project were available in the table below:

Year	Details	Data
2021	Initial investment cost (SAR)	(40,000 )
	Expected cash inflows:
2022	Expected revenue for the first year (SR)	6,000
2023	Expected revenue for the second year (SR)	9,000
2024	Expected revenues for the third year (SR)	10,000
2025	Expected revenues for the fourth year (SR)	11,000
2026	Expected revenues for the fifth year (SR)	12,000
	The prevailing interest rate (discount factor)	5%

Account required:

1- The net present value of the project and the recommendation to accept or reject it?

2- The project payback period using the traditional collection method?

3- The rate of return on investment for the project?