The company's required rate of return or weighted average cost of capital is 8%. After computing payback period, NPV, PI, and IRR, state whether you would accept or reject each project. Management's arbitrarily set payback period is 2.75 years. Project homer details; Inital Outlay = $123000 ; cash inflows= $30,000 per years for 5 years. Compute NPV for Project Homer.

A) (23,640)

B) (3,210)

C) 33,180

D) 34,200