Won't You Be My Neighbor Homebuilders is considering investing in one of two mutually exclusive capital projects. The company's controller believes the firm's cost of capital to be 11%. Project A would cost $1,100,000 today, but would result in the following cash flows over the next 4 years respectively: Year 1: $550,000 Year 2: $600,000 Year 3: $100,000 Year 4: $100,000 1. What is the NPV of project A (round your answer to the nearest whole dollar)? 2. What is the IRR of project A (round your answer to the nearest basis point)? 3. What is the payback period of project A (round your answer to 2 decimal places)?