McCann Co. has identified an investment project with the following cash flows. Year 1 WN Cash Flow $900 1,040 1,250 1,170 a. If the discount rate is 10 percent, what is the present value of these cash flows? $3,415.96 $4,360.00 $3,757.55 $3,495.12 b. What is the present value at 16 percent? $2,995.75 b. What is the present value at 16 percent? $2,995.75 $4,360.00 $3,475.07 $3,059.84 c. What is the present value at 29 percent? $2,327.43 $4,360.00 $3,002.38 $2,286.30 $2,369.80