XYZ Inc. plans to invest in new equipment costing $300,000. The project will generate the following cash flows:

• Year 1: $60,000
• Year 2: $70,000
• Year 3: $80,000
• Year 4: $90,000
• Year 5: $100,000

Requirements:

1. Calculate the Accounting Rate of Return (ARR).
2. Determine the Payback Period.
3. Compute the Net Present Value (NPV) at a 10% discount rate.
4. Find the Internal Rate of Return (IRR).
5. Assess the profitability of the project.