Use the following scenario for your work:

Kicking It Corp. is planning to open a football camp in Arizona, which will require a land purchase and facilities development that includes fields, sleeping and dining facilities, maintenance equipment, and other capital expenditures. Each year, the camp will run for eight one-week sessions. The company will also incur operational expenses.

The estimates in the following table have been shared with company leadership and investors:

Item	Amount
Land	$300,000
Facilities	$600,000
Annual Cash Flow (150 total yearly players' fees)	$920,000
Annual Cash Outflows	$840,000
Estimated Useful Life of Facilities	20 years
Facilities Salvage Value	$1,500,000
Discount Rate	8%

Calculate net present value, payback period, and internal rate of return.