Johnson Entertainment Systems is setting up to manufacture a new line of video game consoles. The cost of the manufacturing equipment is $3,550,000. Expected cash flows over the next four years are $700,000, $850,000, $1,100,000, and $1,200,000. Given the company's required rate of return of 15 percent, should Johnson systems accept this project? Why? (Do not round intermediate computations. Round final answer to nearest dollar.) No, the project should be rejected because the NPV is -$889,910.49 O Yes, the project should be accepted because the NPV is $1,169,806 none of these Yes, the project should be accepted because the NPV is $1,110,790 O No, the project should be rejected because NPV is - $2,660,789