Corporation has recently placed into service some of the largest cruise ships in the world. One of these ships the Carnival Glory can hold up to 3000 passengers and cost $510 million to build. Assume the following additional information:The average occupancy rate for the new ship is estimated to be 80% of capacity.There will be 300 cruise days per year.The variable expenses per passenger are estimated to be $75 per cruise day.The revenue per passenger is expected to be $310 per cruise day.The fixed expenses for running the ship other than depreciation are estimated to be $78000000 per year.The ship has a service life of 10 years with a salvage value of $85000000 at the end of 10 years.a. Determine the annual net cash flow from operating the cruise ship.b. Determine the net present value of this investment assuming a 12% minimum.