PLEASE COMPLETE PART C. PLEASE COMPLETE PART C. please show work, thank you.

Use this information to answer the next six questions Suppose a firm is considering investing in a project with the cash flows and net income shown below, that the required rate of return on projects of this risk class is 11.00%, and that the maximum allowable payback the company is 3 years. The required AAR is 25.00% Year Cash Flow Net Income Average BV 2 $84,000 $36,500 $65,800 $45,000 $141,000 $27,500 $122,000 $37,500 $81,200 ($2,500) ($235,000) $115,000 A. Use the AAR decision rule to evaluate this project, should it be accepted or rejected? Average Accounting Return Year Av 2 AAR Required AAR 25.00% B. Use the payback decision rule to evaluate this project; should it be accepted or rejected? 2 Year Cash Flow Cumulative Cash Flow Payback Years C. Use the IRR decision rule to evaluate this project; should it be accepted or rejected? 2 Year Cash Flow IRR Discount rate 11 .00%