e. None of the above is within 510 of the correct answer QUESTION 12 The following table presents information on a potential project currently being evaluated by Abuela Pastries. Which of the assertions about statement 1 and statement 2 is true? Expected cash flows (number of years from today) 0 1 2. 3 4 Cost of capital -$56,000 $28,000 $21.000 $19,000 $4,000 14.20% Statement 1: Abuela Pastries would accept the project based on the project's internal rate of return (IRR) and the IRR rule Statement 2: Abuela Pastries would accept the project based on the project's payback period and the payback rule if the payback threshold is 2.30 years a. Statement 1 is true and statement 2 is true b. Statement is true and statement 2 is false c. Statement 1 is false and statement 2 is true d. Statement 1 is false and statement 2 is false Save All Answers Click Save and Submit to save and submit. Click Save All Answers to save all answers. MacBook Pro GDO 20 # $ % 5 6 7