Noble Inc. is considering a four-year project that has an initial after-tax outlay or after-tax cost of $ 110,000 . The future cash inflows from its project are $30,000, $25,000, $50,000 and $40,000 for years 1, 2, 3 and 4, respectively.Noble uses the net present value method and has a discount rate of 10 %. WillNoble accept the project?

Group of answer choices

Noble rejects the project because the NPV is -$3,021

Noble accepts the project because the NPV is greater than $3000

Noble accepts the project because the NPV is greater than $2800

Noble rejects the project because the NPV is less than -$4,000