QUESTION 1 The following table presents information on a potential project currently being evaluated by XYZ. Which assertion about statement 1 and statement 2 is true? Expected cash flows (number of years from today) 1 2 3 4 Cost of capital -98,000 4 1,000 32,000 39,000 14,000 12.1% 10 Statement 1: XYZ would accept the project based on the project's net present value (NPV) and the NPV rule Statement 2: XYZ would accept the project based on the project's payback period and the payback rule if the payback threshold is 2.60 years Statement 1 is true and statement 2 is true Statement 1 is true and statement 2 is false Statement 1 is false and statement 2 is true Statement 1 is false and statement 2 is false