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 net after-tax cash flows eac year of 56800 for ten years, and at the end of the project a one-time after-tax cash flow of $11.000s expected. The firm has a weighted average cost of capital of 7.5 percent and requires a year payback on projects of this type. Determine whether this project should be accepted or rejected using NPV. Accept since NPV is $32,012.38 and is greater than zero Hapectuince NPV 3 -572,01248 and is less than zero Accept since NPV = 552012.00 and greater than ret0 ACORDESI NPVIS 572,012.88 and water than zero None of the listed choices is correct