Use the data in the following table (see Table 7.2) to answer the questions that follow. All numbers are in thousands. Table 7.2 Alternative A Alternative B Alternative C Cash Outflow Year 0 ($500) ($575) ($475) Cash Inflow Year 1 $220 $300 $175 Cash Inflow Year 2 $380 $330 $275 Cash Inflow Year 3 $350 $350 $300 Given the investment data for this project, calculate and interpret the payback, NPV, and IRR for the three alternative project options. Assume this company's hurdle rate is 14%. If you could only select one project alternative, which one would you choose? Did all three calculations (payback, NPV, and IRR) reach the same conclusion regarding the preferred option? Activ Go to