Year 1 2 Cash In-Flows ($) Net Present Value ($) 230,000 175,000 200,000 175,000 125,000 3 4 5 Total 800,000 Initial Investment Total Net Present Value The internal rate of return for the project is O Under 10% Between 10% and 12% U Between 12% and 13% o Between 13% and 14% Over 14%