1. Consider a project that has the net cash flows shown below. The project cost of capital is 9.5 percent. Year 0: ($157,750) Year 1: $21,900 Year 2: $25,780 Year 3: $31,500 Year 4: $33,400 Year 5: $35,000 Year 6: $36,500 Year 7: $38,000 Year 8: $40,000 a. Compute the NPV for the project. Based on NPV, should the project be accepted? b. Compute the IRR for the project. Based on IRR, should the project be accepted? c. Compute the payback period for the project. Assume the required payback is 5 years, should the project be accepted?