The Fun Foods Corporation must decide on what new product lines to introduce next year. After-tax cash flows are listed below along with initial investments. The firms cost of capital is 12%.

Year	Project A	Project B	Project C
0	-$250,000	-$452,300	-$642,800
1	20,000	260,000	200,000
2	100,000	210,000	200,000
3	155,000	48,000	200,000
4	60,000	59,000	350,000

Assume that projects are independent and the corporation is not subject to capital rationing. Which project(s) should be accepted according to the IRR criterion?

Group of answer choices

Accept B and C.

Accept C.

Assume that projects are mutually exclusive. Which project should be accepted?

Group of answer choices

Accept B.

Accept A.

Reject all.

Accept C.

Cant be determined with given information.

Accept A, B, and C.

Accept A.

Accept A and C.