Compute the PI statistic for project X and note whether the firm should accept or reject the project with the cash flows shown as follows if the appropriate cost of capital is 10 percent.

Time 0 1 2 3 4 5

cash flow: -250, 75, 0, 100, 75, 50

-24.41 percent, reject

24.41 percent, accept

-9.77 percent, reject

-0.0977 percent, reject