Consider a capital expenditure project to purchase and install new equipment with an initial cash outlay of $20,000. The project is expected to generate de aer can comedy for ten year and at the end of the project, a one time after-tax cash flow of 511,000 is expected. The firm has a weighted average cost of capital of 12 percent and requires a year payback on profite Determine whether this project should be accepted or rejected using NPV Accept since NPV 561.963.22 and is greater than tero Reject since NPVIS-561,963.22 and is less than zero Accept since NPV = $41,936.22 and is greater than er Accept since NPV is $21.963.22 and is greater than zero None of the listed choices is correct