Kalax Corp is considering an investment project that requires two years to develop. The project will cost $125,000 and $100,000 in year 1 and year 2, respectively, to be paid at the beginning of the year. After the two year development period, the project will be active and begin producing positive year-end cash inflows of $71,000 / year for five years. Kalax's required rate of return is 10%. a) Calculate the NPV of this project. Should Kalax accept this project? (3 marks) b) What is the IRR of this project? Based on IRR, should Kalax accept this project