Consider this case: Suppose Cute Camel Woodcraft Company is evaluating a proposed capital budgeting project (project Alpha) require an initial investment of $550,000. The project is expected to generate the following net cash flows: Year Year 1 Year 2 Year 3 Year 4 Cash Flow $325,000 $500,000 $425,000 $450,000 Cute Camel woodcraft Company's weighted average cost of capital is 8%, and project Alpha has the same ris firm's average project. Based on the cash flows, what is project Alpha's net present value (NPV)? O $847,737 O $1,017,284 O $1,272,737 o $1,397,737 Making the accept or reject decision Cute Camel Woodcraft Company's decision to accept or reject project Alpha is independent of its decisions on o projects. If the firm follows the NPV method, it should project Alpha