Suppose Furxy Button Clothing Company is evaluating a proposed capital budgeting project (project Alpha) that will require an initial investment of $400,000. The project is expected to generate the following net cash flows: Furey button Clothing Company's weighted average cost of capital is 9%, and profect Aipha has the same risk as the fims average project. aased on the cash flows, what is project Alpha's net present value (Nov)? 31,040,005 51,248,006 11,365,005 $1,540,005 Making the accept or reject decision Furry Buttan Clothing Company's decision to accept or reject project Alpha is independent of its decisions on other projects. If the firm follows the NPV method, it should project Alpha