The following table presents information on a potential project currently being evaluated by XYZ which assertion about statement one and statement two is trueExpected cash flows $($number of years from today$)0->-$$$800001->$ $$370002->$ $$200003->$ $$310004->$ $$4000$Cost of capital $11\mathrm{.}52\%$Statement $1$: XYZ would accept the project based on the projects, net present value and the NPV value Statement $2$:XYZ would accept the project based on the project payback period and the payback rule if the payback threshold is $2\mathrm{.}31$ years Answers $1-$T $2-$T$1-$F $2-$T$1-$F $2-$F$1-$T $2-$F