The hurdle rate for a possible project being looked at by a firm is 14%. The project is estimated to cost $500,000 now if taken. The estimated net cash inflows for the project for periods 1 through 5 are the following. period 1 - $0 period 2 - $200,000 period 3 - $225,000 period 4 - $175,000 period 5 - $100,000 Calculate the IRR of the project. Calculate the NPV of the project. Should the project be taken? Why or why not