You are considering a project with an initial cash outlay of $50,000$ SAR and expected free cash flows of $15,000$ SAR at the end of each year for $5$ years. The required rate of return for this project is $12$ percent.

a$.$ What is the projects's NPV$?$

b$.$ What is the project's IRR?

c$.$ Is the project acceptable based on NPV and IRR decision criteria.