3. Net present value method Consider the case of Darling Corporation: Darling Corporation is evaluating a proposed capital budgeting project that will require an initial investment of $132,000. The project is expected to generate the following net cash flows: Year Year 1 Year 2 Year 3 Cash Flow $39,400 $50,800 $45,900 $43,400 Year 4 Assume the desired rate of return on a project of this type is 9%. What is the net present value of this project? (Note: Do not round your intermediate calculations.) -$23,773.90 $13,093.01 $10,285.40 $15,845.40 Suppose Darling Corporation has enough capital to fund the project, and the project is not competing for funding with other projects. Should Darling Corporation accept or reject this project? O Accept the project O Reject the project