please solve questions A and B and show your work.

4 Consider a project of the Pearson Company. The timing and size of the incremental after-tax cash flows for an all-equity firm are $-1000, $295, $590. $545. $500 from year 0 to 4 respectively. The unlevered cost of equity is 36%. a. Calculate the NPV? Should this project be accepted? b. The firm finances the project with $23000 debt at 9% with $100 after-tax flotation costs. Principal is repaid at $2000 per year with added interest. Pearson's tax rate is 50%. The net present value of the project under leverage? Now, Should this project be accepted