5 points Seved The following table presents information on a potential project currently being evaluated by XYZ. Which of the assertions about statement 1 and statement 2 is true? Expected cash flows (number of years from today) 0 1 2 3 14 Cost of capital $98,000 $56,000 525.000 $27,000 $3,000 7. 20% Statement 1: XYZ would accept the project based on the project's internal rate of retum (IRR) and the IRR rule Statement 2: XYZ would accept the project based on the project's payback period and the payback rule if the payback threshold is 2.50 years a. Statement 1 is true and statement 2 is true Ob. Statement 1 is true and statement 2 is false c Statement 1 is false and statement 2 is true Od. Statement 1 is false and statement 2 is false