Ibez Company is considering a project that requires an initial investment of $97,200 and will generate net cash flows of $16,300 per year for 7 years. Ibez requires a return of 8% on its investments. The present value factor of an annuity for 7 years at 8% is 5.2064. a. Compute the net present value of the project. b. Determine whether the project should be accepted or rejected on the basis of net present value.

Complete this question by entering your answers in the tabs below. Required A Required B Compute the net present value of the project. (Negative Net present value amounts should be indicated with a minus sign.) Cash Flow Select Chart Net Cash X Present Value of = Present Value of Net Flows Annuity at 9% Cash Flows Annual cash flow = Present Value of 1 wired A Required B > Future Value of 1 Present Value of an Annuity of 1 Future Value of an Annuity of 1Complete this question by entering your answers in the tabs below. Required A Required B Compute the net present value of the project. (Negative Net present value amounts should be indicated with a minus sign.) Cash Flow Select Chart Net Cash Flows X Present Value of Present Value of Net Annuity at 9% Cash Flows Annual cash flow Initial investment Net present value Present value of cash inflowsComplete this question by entering your answers in the tabs below. Required A Required B Determine whether the project should be accepted or rejected on the basis of net present value. Determine whetherthe project should be accepted or rejected on the basis of net present value. "i