You have the opportunity to invest in an income generating asset for N$620 000. It is expected that this assets will generate cash inflows of N$145 000 for the first five (5) years, and due to normal wear and tear only cash inflows of N$ 100 000 for the next three (3) years when it can be sold to a scrap dealer for N$65 000 during the eighth year. The cost of capital (discount rate) is set at 14%. Determine: 1. The NPV (10 marks) 2. The payback period (2 marks) 3. The Pl (profitability index) (2 marks) 4. Would you invest in this asset? Why or why not? (2 marks) Additional Information: PERIOD 1 2 3 4 5 6 7 8 9 10 PVIF 0.8770.769 0.6750.592 0.5190.4560.400 0.3510.308 0.270 PVIFA 0.877 1.6472.322 2.914 3.433 3.8894.2884.6394.9465.216