Consider a capital expenditure project to purchase and install new equipment with an Initial cash outlay of $21,000. The project is expected to generate net after-tax cash flows each year of $3,900 for eight years, and at the end of the project, a one-time after-tax cash flow of $1,500 is expected. The firm has a weighted average cost of capital of 10 percent and requires a 5-vear payback on projects ot this type. Determine whether this project should be accepted or rejected using IRR