Question 17 (2.5 points) Which of the following statements is CORRECT? 1) The NPV of a project can be computed by the present value of revenue from an income statement subtracted by the present value of cost of goods sold from an income statement. 2) The NPV of a project provides the return per dollar invested. 3) When the IRR method is used, an independent project is acceptable if the IRR the cost of capital. 5) None of the statements above is correct