A company requires a return of 12% on its investments, and is considering a project that requires an initial investment of $460,500 and will generate net cash flows of $198,000 per year for three years. The present value factor of an annuity for three years at 12% is 2.4018. Complete this question by entering your answers in the tabs below. Required A Required B Calculate the net present value of the new project. Years 1-3 Net present value Net Cash Flows X Present Value of an Annuity at 12% Present Value of Net Cash Flows Required A Required B Decide if the project should be accepted or rejected based on net present value. Decide if the project should be accepted or rejected based on net present value