A project has estimated annual cash flows of $100,000 for three years and is estimated to cost $225,000. Assume a minimum acceptable rate of return of 12%, Using the following tables determine the (a) net present value of the project and (b) the present value index, rounded to two decimal places. Using the following tables determine the (a) net present value of the project and (b) the present value index, rounded to two decimal places. Below is a table for the present value of $1 at compound interest. 6% 10% Year 1 12% 893 943 909 2 .890 797 3 840 .826 .751 .683 712 792 .747 636 567 621 Below is a table for the present value of an annuity of S1 at compound interest