Compute the PI statistic for Project X and note whether the firm should accept or reject the project with the cash flows shown below if the appropriate cost of capital is 9 percent.

Time:	0	1	2	3	4	5
Cash flow:	-76	-76	0	101	76	51

	19.25%, accept
	9.00%, reject
	42.86%, accept
	25.33%, accept