Please show work, don't give me an excel based response, thank you! Consider a capital expenditure project to purchase and install new equipment with an initial cash outlay of $25,000. The project is expected to generate net after-tax cash flows each year of $6800 for ten years, and at the end of the project, a one-time after-tax cash flow of $11,000 is expected. The firm has a weighted average cost of capital of 12 percent and requires a 3-year payback on projects of this type. Determine whether this project should be accepted or rejected using NPV, IRR, PI, and PB.