3. Net present value method Consider the case of Sutherland Corporation: Sutherland Corporation is evaluating a proposed capital budgeting project that will require an initial investment of $116,000. The project is expected to generate the following net cash flows: Year Cash Flow Year 1 $37,000 Year 2 $50,400 Year 3 $44,700 Year 4 $41,400 Assume the desired rate of return on a project of this type is 10%. What is the net present value of this project? (Note: Do not round intermediate calculations.) O $21,149.78 0 $7,505.40 O $15,498.90 0 -$7,244.50 Suppose Sutherland Corporation has enough capital to fund the project, and the project is not competing for funding with other projects. Should Sutherland Corporation accept or reject this project? O Reject the project O Accept the project