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) Cost of capital 0 1 2 3 -$77,000.00 $35,000.00 $21,000.00 $32,000.00 $5,000.00 15.20% Statement 1: XYZ would accept the project based on the project's not present value 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 2.08 years OOOO 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 false Statement 1 is false and statement 2 is true