P11-15 (similar to) Apply WACC in NPV. Brawn Blenders has the following incremental cash flow for its new project: 6 Category 71 T2 T3 Investment - $3,420,000 Net working capital change - $264,000 $264.000 Operating cash flow $1,191,000 $1,191,000 $1,191,000 Salvage $224,000 Should Brawn accept or reject this project at an adjusted WACC of 8.03%, 10.03%, or 12.03%? Should Brawn accept or reject this project at an adjusted WACC of 8.03%? (Select the best response.) A. The project should be rejected because the NPV is negative. The costs exceed the benefits in today's dollars. B. The project should be accepted because the NPV is positive. The benefits exceed the costs in today's dollars