QUESTION 14 0 4 The following table presents Information on a potential project currently being evaluated by Abuela Pastries. Which of the assertions about statement 1 and statement 2 is true? Expected cash flows (number of years from today) 1 2 3 Cost of capital -556.000 $28.000 $24,000 $19,000 $4,000 174209 Statement 1: Abuela Pastries would accept the project based on the project's internal rate of return (IRR) and the IRR rule Statement 2: Abuela Pastries would accept the project based on the project's payback period and the payback rule if the payback threshold is 2.30 years a. Statement is true and statement 2 is true b. Statement 1 is true and statement 2 is false Statement 1 is false and statement 2 is true d. Statement 1 is false and statement 2 is false