what is the irr? based on the irr, should the project be accepted?

Sensational Teas Inc. is considering a new 3-year expansion project that requires an initial fixed asset investment of $57,000. These assets will be worthless at the end of the project. The project is expected to create after-tax operating cash flows of $27,500 a year for three years. Additionally, the project requires an initial investment of $2,500 in net working capital at the beginning of the project that will be returned at the end of the project. What is the project's net present value if the discount rate is 8 percent? Do not round intermediate steps. $15,854.75 $13,354.75 $3,375.00 $11,370.17 $10,854.75 Question 18 (1 point) Saved Based on the NPV, should the project be accepted? Yes, accept the project