A project has an initial cost of $100,00. The project has an estimated cost of capital of 10%. It's expected cash flows are as follows:
Year1: 11,000
Year2: 33,000
Year3: 35,000
Year4: 37,000
Year5: 37,000
Year6: 33,000
Year7: -10000(cost to shut down)
Calculate project's NPV, IRR, and payback period.