B. Now assume that the sales price will increase by the 5 percent inflation rate beginning after Year 0. However, assume that cash operating costs will increase by only 2 percent annually from the initial cost estimate, because over half of the costs are fixed by long-term contracts. For simplicity, assume that no other cash flows (net externality costs, salvage value, or net working capital) are affected by inflation. What are the project's NPV, IRR, MIRR, and pay- back now that inflation has been taken into account? (Hint: The Year 1, and succeeding cash flows, must be adjusted for inflation because the estimates are in Year 0 dollars.) NPV: -$34,562 IRR: 9.4% MIRR: 9.6% Pavback: 3.2 yrs