[Extra Credit] A firm expects a proposed project will produce the following after-tax cash flows over the next three years: [1] $1,000 (2) $3,000; (3) $2,000. The proposed project has an expected Initial Investment of $5,500 and the WACC = 7%. Is the proposed project acceptable? No: NPV = - $275.93 No; NPV = $312.51 Yes: NPV - $401,63 Yes, NPV = $312,51