Costco, Inc. is conducting a new project with the following estimated cash flows. The initial outlay is estimated to be $1,950,000, and the incremental cash flows generated by this project would be $600,000 per year for 5 years. The estimated required rate of return of the project is 8%. a. Calculate the NPV. b. Calculate the PL c. Calculate the IRR. d. Should this project be accepted? a. What is the project's NPV? $ (Round to the nearest dollar.) b. What is the project's Pl? (Round to three decimal places.) c. What is the project's IRR? % (Round to two decimal places.) d. Should this project be accepted? (Select the best choice below.) O A. Yes. The project should be accepted because the project's NPV is positive, Pl is greater than one, and IRR is greater than the required rate of return. B. No. The project should be rejected because the project's NPV is negative, Pl is less than one, and IRR is less than the required rate of return