Use the information in the table below for the following 4 questions.

Year 0 1 2 3 4

NI 0 1,263 645 1098 2416

CF -75000 25250 21500 27450 48320

A capital investment project is estimated to have the following cash flows, by year:

The company utilizes a discount rate of 15% to evaluate capital projects and has an average book value of $7,500. You may have rounding errors in your calculations so choose the closest answer. Assume cash flows are received equally over the year.

1) What is the net present value for the project?

2) What is the internal rate of return for the project?

3) What is the payback period for the project?

4) What is the average accounting return of the project?