Consider this case: Suppose Happy Dog Soap Company is evaluating a proposed capital budgeting project (project Beta) that will require an initial investment of $3,000,000. The project is expected to generate the following net cash flows: Happy Dog Soap Company's weighted average cost of capital is 10%, and project Beta has the same risk as the firm's average project. Based on the cash flows, what is project Beta's NPV? $1,647,224$1,894,308$1,147,224$1,352,776 Making the accept or reject decision Happy Dog Soap Company's decision to accept or reject project Beta is independent of its decisions on other projects. If the firm follows the NPV method, it should project Beta. Suppose your bos: 2d you to analyze two mutually exclusive projects-project A and project B. Both projects require the same investment amount, and the s in inflows of Project A is larger than the sum of cash inflows of project B. A coworker told you that you don't need to an