7. Zinc Corp is planning to purchase new machinery. The initial cash outlay is expected to be $40,000 and the required return on investment is 9%. The cash flows for the next 3 years are Based on net present value (NPV) analysis, Zinc Corp should: a. accept the project as the NPV is $14,500. b. reject the project as the NPV is $(13,700.84). c. accept the project as the NPV is (28,900.25). d. reject the project as the NPV is 40,500. e. accept the project as the NPV is $56,225