You are looking at a new project and you have estimated the following cash flows: Hyperion, Inc., spent $250,000 for a marketing study, which projects the following information for management to decide whether to launch a new laser printer: $300 sales price $100 to build each printer 5,000 units per year sales (estimated) for the next 5 years $200,000 rent on the production facility per year $1,500,000 investment in manufacturing equipment today Straight-line depreciation to zero in 5 years $100,000 initial investment in net working capital 20% corporate tax rate 10% per year required rate of return & 4-year target payback period Use NPV, IRR and payback period to make the capital budget decision for this project