Kingbird Inc. is contemplating a capital project with a cost of $146000. The project will generate net cash flows of $48000 for year 1,$56000 for year 2 and $60000 for year 3 . The asset has a salvage value of $10000 and straight-line depreciation will be used. The company's required rate of return is 10%. unacceptable because it earns a rate less than 10%. unacceptable because it has a zero NPV. acceptable because it has a return of greater than 10%. acceptable because it has a positive NPV. Kingbird Inc. is contemplating a capital project with a cost of $146000. The project will generate net cash flows of $48000 for year 1,$56000 for year 2 and $60000 for year 3 . The asset has a salvage value of $10000 and straight-line depreciation will be used. The company's required rate of return is 10%. unacceptable because it earns a rate less than 10%. unacceptable because it has a zero NPV. acceptable because it has a return of greater than 10%. acceptable because it has a positive NPV