NE Question Completion Status: The following table presents information on a potential project currently being evaluated by XYZ. Which assertion about statement and statement 2 is true? 4 7,000 Cost of capital 12.796 Expected cash flows (number of years from today) 1 2 3 -59.000 31,000 21,000 14,000 Statement 1: XYZ would accept the project based on the project's net present value (NPV) and the NPV rule Statement 2 XYZ would accept the project based on the project's payback period and the payback rule if the payback threshold is 2.55 years Statement 1 is true and statement 2 is true Statement 1 is false and statement 2 is true Statement 1 is true and statement 2 is false Statement 1 is false and statement 2 is false