A company is contemplating investing in a new piece of manufacturing machinery. The amount to be invested is $210,000. The present value of the future cash flows is $225,000. The company's desired rate of return used in the present value calculations was 12%, which of the following statements is true? a. The internal rate of return on the project is more than 12% Ob. The internal rate of return on the project is less than 12%. C. The internal rate of return on the project is equal to 12% Od. The project should not be accepted because the net present value is negative