The following cash flows result from a potential construction contract for Erstwhile Engineering. 1. Receipts of $600,000 at the start of the contract and $900,000 at the end of the fourth year. 2. Expenditures at the end of the first year of $500,000 and at the end of the second year of $1,100,000. 3. A net cash flow of zero at the end of the third year. Using an appropriate rate of return method, for a MARR of 25 percent, should Erstwhile Engineering accept this project? Erstwhile Engineering accept the project because the rate of return is percent, which is the MARR