ch $9$ Noble Inc. is considering a four$-$year project that has an initial after$-$tax outlay or aftertax cost of $$110,000.$ The future cash inflows from its project are $$30,000,$$$25,000.$ $$50,000$ and $$40,000$ for years $1,2,3$ and $4,$ respectively. Noble uses the net present value method and has a discount rate of $10\%.$ Will Noble accept the project?

Noble rejects the project because the NPV is $-$$$3,021$

Noble rejects the project because the NPV is less than $-$$$4,000$

Noble accepts the project because the NPV is greater than $$2800$

Noble accepts the project because the N$.$PV is greater than $$3000$