Ogden Corporation has compiled the following information on a capital expenditure proposal: (1) The projected cash inflows are normally distributed with a mean of $ 30 comma 000 and a standard deviation of $ 7 comma 000. (2) The projected cash outflows are normally distributed with a mean of $ 29 comma 000 and a standard deviation of $ 4 comma 000. (3) The firm has an 11.9 % cost of captial (4) The probability distributions of cash inflows and cash outflows are not expected to change over the project's 10-year life. a. Describe how the foregoing data can be used to develop a simulation model for finding the net present value of the project. b. Discuss the advantages of using a simulation to evaluate the proposed project.