Sample Project Sample Project Data: Year 0: CF = -165,000 Year 1: CF = 63,120 NI = 13,620 Year 2: CF = 70,800 NI = 3,300 Year 3: CF = 91,080 NI = 29,100 Average book value = $72,000 ? Your required return for assets of this risk is 12% ? Required average accounting return = 25% ? Do we accept or reject the project based on PI