The following table presents information a potential project currently being evaluated by XYZ Which of the assertions about statement 1 and statement 2 is true? Expected cash flows (number of years from today 0 11 2 13 Cost of capital 598.000 556000 $25,000 $27.000 $3.000 7 20% Statement 1 XYZ would accept the project based on the project's internal rate of return (IRR) and the IRR 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 50 years Statement 1 is true and statement 2 is true b. Statement 1 is true and statement 2 is false OC Statement 1 is false and statement 2 is true Statement 1 is false and statement 2 is false d