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this is all one question along with options CALCULATE PAYBACK & NPV Harry's Pizza Place plans to buy new kitchen equipment with an estimated useful

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CALCULATE PAYBACK \& NPV Harry's Pizza Place plans to buy new kitchen equipment with an estimated useful life of four years. The estimated pre-tax cash flows which will be generated are provided below in the schedule provided with additional capital budgeting information. DATA: REQUIRED RATE OF RETURN TAX RATE CCA RATE 10% 40% 20% YEARS INITIAL INVESTMENT OPERATING CASH FLOWS 1 What is the initial outflow at time 0 ? s(70,000) 2 What is the yearly after tax cash flow? $18,000= 3 What is the value of the CCA tax shield on the investment? 1 What is the initial outflow at time 0 ? 2 What is the yearly after tax cash flow? 3 What is the value of the CCA tax shield on the investment? PAYBACK CALCULATION IGNORE THE TIME VALUE OF MONEY. 4 What is the value of the CCA SHIELD in year one? 5 What is the total cashflow earned in year one? 6 What is the value of the CCA SHIELD in year two? 7 What is the total cashflow earned in year two? 8 What is the payback period which includes the CCA tax shield & the cashflows? 9 What is the NPV of the project? \begin{tabular}{|l|} $(70,000) \\ \hline Choose... \\ 3.23 \\ $23,040 \\ $5,040 \\ $17,818 \\ 4.18 \\ $20,800 \\ $20,000 \\ $3,139 \\ $(70,000) \\ $4,876 \\ $18,000 \\ $5,991 \\ $(1,782) \\ $19,104 \\ $2,800 \\ \hline,000 \\ \hline \end{tabular}

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