eBook Piping Hot Food Services (PHPS) is evaluating a capitol budgeting project that costs $72,000. The project is expected to generate after-tax cash flows equal to $30,500 per year three years. PHFS's required rate of return is 12 percent. a. Compute the project's net present value (NPV). Do not found intermediate calculations. Round your answer to the nearest cent. Use a minus sign to enter a negative ve If any. $ b. Compute the project's internal rate of return (IRR). Round your answer to two decimal places c. Should the project be purchased? The project Stecto be purchased