Question 22 Sandstone, Inc considering a four year project that has an initial after tax outlay or after tax cost of $80.000 The future cash inflows from its project respectively Sandstone uses the per present value method and has a discount rate of 12%. Will Sandstone accept the project? Sandstone rejects the project because the NPV is -53,021 Sandstone rejects the project because the NPV is less than-54.000, Sandstone accept the project because it has a positive NPV of $28.021 andstone accepts the project because the NPV is greater than $30.000 Question 22 Sandstone, Inc considering a four year project that has an initial after tax outlay or after tax cost of $80.000 The future cash inflows from its project respectively Sandstone uses the per present value method and has a discount rate of 12%. Will Sandstone accept the project? Sandstone rejects the project because the NPV is -53,021 Sandstone rejects the project because the NPV is less than-54.000, Sandstone accept the project because it has a positive NPV of $28.021 andstone accepts the project because the NPV is greater than $30.000