Use the information in the table below for the following 4 questions. A capital investment project is estimated to have the following cash flows, by year:

Year	0	1	2	3	4
NI	0	1,438	650	1,125	2,345
CF	-85,000	28,548	22,800	26,349	52,300

The company utilizes a discount rate of 15% to evaluate capital projects and has an average book value of $7,500. You may have rounding errors in your calculations so choose the closest answer. Assume cash flows are received equally over the year.

What is the net present value for the project?

Group of answer choices

$4,292

-$21,889

-$19,906

$19,500

$11,716

What is the internal rate of return for the project?

Group of answer choices

Not enough information is given to calculate the IRR.

2.88%

15.00%

11.21%

17.22%

What is the payback period for the project?

Group of answer choices

3.50

3.86

3.14

3.24

4.00

What is the average accounting return of the project?

Group of answer choices

18.53%

14.82%

4.28%

433.32%

119.99%