Use the following information for item 39 and 40. Peace Hall Company has a project with an estimated annual net cash flows of $96,200 for four years and is estimated to cost $315,500. Assume a minimum acceptable rate of return of 10%. Present Value of $1 factor for 10% for 4 years is --- 0.683 Present Value of an Annuity of $1 for 10% for 4 years is --- 3.170 What is the net present value of this project? O($10,546). $304,954. $65,704.60. ($249,795.40). Question 40 (4 points) Should Peace Hall Company accept or reject this project based upon the Present Value Index