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Idaho Industries Inc. is considering a project that has an initial after-tax outlay or after-tax cost of $350,000. The respective future cash inflows from its

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Idaho Industries Inc. is considering a project that has an initial after-tax outlay or after-tax cost of $350,000. The respective future cash inflows from its five-year project for years 1 through 5 are $75,000 each year. Idaho expects an additional cash flow of $500,000 in the fifth year. The firm uses the net present value method and has a discount rate of 10%. Will Idaho accept the project? Idaho accepts the project because it has an NPV of $34,644.93 Idaho rejects the project because it has an NPV less than $0. Idaho accepts the project because it has an NPV greater than 0 There is not enough information to make a decision

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