Project C requires a net investment of $100,000 and has a payback period of 4.8 years. You analyze Project C and decide that Year 1 net cash flow is $1,000 too high, and Year 3 net cash flow is $1,000 too low. After making the necessary adjustments:

		the payback period for Project C will be longer than 4.8 years.
		the payback period for Project C will be shorter than 4.8 years.
		the NPV of Project C will increase.
		the NPV of Project C will decrease.