Enter your last name here: jones The jones Company is considering an investment with an initial cost of $674,000 and annual cash inflows as follows. The company requires a return of 12.0%. Initial cost Required rate of return $674,000 12.0% Year Cash inflows (outflows) 0 ($674,000) 1 $151,600 2 121,300 3 97,000 4 271,600 5 217,300 6 173,800 7 139,000 8 111,200 Using the NPV function, compute the net present value of this investment. Using the IRR function, compute the internal rate of return for this investment. Using an IF statement, decide if the project should be accepted (cell A24), or rejected_ Accept the project Reject the project $106,115 16.8%