USION OF An investment alternative in an engineering project requires a capital cost (to purchase and install equipment) of $72 million payed at time zero. The investment will produce a stream of revenue of $48 million per yearend over a 6-year period with operating costs of $22 million per yearend for the first three years and $25 million per yearend for the remaining three years. Use straight-line depreciation for the capital cost over the project lifespan. The rate of taxation on the income is 35% (this is the part of the annual income} = {revenue) - {cost), payable to the government annually, with the d being your net after tax annual income cashflow). i) Construct the cash flow table, calculate the after-tax annual cash flows, and determine the payback period; ii) Calculate the present worth, PW, for this project, based on the after tax annual cash flows, assuming an 8% discount rate, based on the weighted average cost of capital of the company. 20%