consider the following project:

Cash Flow in year 0 = -40,000

cash flow in year 1 = 12,500

cash flow in year 2 = 18,000

cash flow in year 3 = 20,200

cash flow in year 4 = 22,800

if the required return is 6%, the projects NPV, IRR and payback period are, respectively

A: $22,832;26.52%;3.47 years

B: $19,800;26.52%;2.47 years

C: $22,832;26.52%;2.47 years

D: $19,800;26.52%;3.47 years