$($L$39)$Question in screenshot Net present value. Quark Industries has a project with the following projected cash flows:

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 $17\%?$

c$.$ Should the company accept or reject it using a discount rate of $21\%?$

Data table

$($Click on the following icon order to copy its contents into a spreadsheet.$)$

Initial cost: $$280,000$

Cash flow year one: $$29,000$

Cash flow year two: $$79,000$

Cash flow year three: $$157,000$

Cash flow year four: $$157,000$