4. Net present value method Krause Corp. 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 1 2 $37,000 $50,400 $44,700 $41,400 3 4 Assume the desired rate of return on a project of this type is 11%. The net present value of this project is Suppose Krause Corp, has enough capital to fund the project, and the project is not competing for funding with other projects. Should Krause Corp. accept or reject this project? Reject the project Accept the project