Project A would cost $$47,027\mathrm{.}00$ today and have the following other expected cash flows: $$27,934\mathrm{.}00$ in $1$ year, $$19,189\mathrm{.}00$ in $2$ years, $$4,818\mathrm{.}00$ in $3$ years, and $$3,140\mathrm{.}00$ in $4$ years. The cost of capital for project A is $11\mathrm{.}44$ percent. Project B would cost $$97,253\mathrm{.}00$ today and have the following other expected cash flow $$56,053\mathrm{.}00$ in $1$ year, $$24,308\mathrm{.}00$ in $2$ years, $$26,936\mathrm{.}00$ in $3$ years, and $$2,980\mathrm{.}00$ in $4$ years. The cost of capital for project B is $7\mathrm{.}68$ percent Statement $1$: Project A would be accepted based on the project's internal rate of return $($IRR$)$ and the IRR rule Statement $2$: Project B would be accepted based on the project's payback period and the payback rule if the payback threshold is $2\mathrm{.}58$ years

Statement $1$ is false and statement $2$ is false

Statement $1$ is true and statement $2$ is false

Statement $1$ is false and statement $2$ is true

Statement $1$ is true and statement $2$ is true