Use this terminology....

Year, Cost, Cumulative costs, Benefits, Cumulative benefits.

And also try to use Microsoft Excel to do a line graph of cumulative cost and cumulative benefits..

Background Information: A software project will cost $45,000 to develop in Year 0. After it is operational, it will have a five-year useful life. Operational costs will be $19,000 per year for Years 1-4, and $45,000 inYear 5 Project benefits will be $40,000 in Year 1, and will increase 10% in each of the following years Apply Your Skills a. b. c. Create a worksheet that shows costs and benefits for Years 0-5 Now add columns to worksheet for cumulative costs and benefits. Based on these values, estimate the payback period. Explain your answer Use the worksheet values to create a line chart that shows the payback period