For a capital budgeting project, an initial investment of $$82,768\mathrm{.}26$ is required and the cost of capital is $8\%.$ Expected cash flows of the project are given below:

$\backslash$table$[[$Years$,$Cash Flow $($$$)],[1,7,800],[2,58,300],[3,14,000],[4,43,000]]$

What is the NPV of the project? Will the project be accepted?

$$17,672.$ Yes, the project will be accepted.

$$17,329.$ Yes, the project will be accepted.

$$16,642.$ No$,$ the project will be rejected.

$$16,471.$ No$,$ the project will be rejected.

$$17,157.$ Yes, the project will be accepted.