3. Net present value method McCall Industries 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: Assurne the desined rate of return on a project of this type is 10\%6. What is the net presient yalue of this project? (Note: Do not round intermediate calcalatipes.) 57,244.50 510,23540 516,162.50 Suppose MeCall fndustries has enough capitat to fund the project, and the project is not cempeting for funding with other projects, Should MeCal Industries accept of relect this project? Accept the project. fusiect the project