Evaluate the investment proposal in accordance with the requirements of Alhena Holidays and provide a preliminary recommendation concerning acceptance or rejection of the project.For the optimistic, pessimistic and most likely scenarios, calculate the expected profit or loss for the year ended 31 January Year 1 and prepare a projected cash flow statement for the year ended 31 January Year 1 to show the amount of funding to be raised from external sources.(b)Be prepared to discuss the requirements of Alhena Holidays for evaluating investment proposals and state any recommendations that you would make for improvement.(c)Be prepared to discuss the key risks associated with the investment and financing proposals.(d)Be prepared to discuss further information that Alhena Holidays is likely to require concerning the monitoring, planning and control of the project before a final decision is made.(e)Be prepared to discuss the factors that should be taken into account when deciding between the two financing options identified