3. Net present value. Quark Industries has a project with the following projected cash flows: Initial cost: $250,000 Cash flow year one $20,000 Cash flow year two: $76,000 Cash flow year three: $159,000 Cash flow year four: $159,000 a. Using a discount rate of 8% for this project and the NPV model, determine whether the company should accept or reject this project. b. Should the company accept or reject it using a discount rate of 13%? C. Should the company accept or reject it using a discount rate of 21%? a. Using a discount rate of 8%, this project should be (1) b. Using a discount rate of 13%, this project should be (2) c. Using a discount rate of 21%, this project should be (3) (1) O accepted (2) O rejected (3) O accepted (Select from the drop-down menu.) . (Select from the drop-down menu.) (Select from the drop-down menu.) . o rejected o accepted rejected