5 points Consider a capital expenditure project to purchase and install new equipment with an initial cash outlay of 20,000. The project is expected to generate net after tax cash flows each year of 6800 for ten years and at the end of the project, a one-time after tax cash flow of 511.000 expected. The firm has a weighted average cost of capital of 12 percent and requires a Synar payback on projects of this type Determine whether this project should be accepted or rejected using NPV. Accept since NPV is $21.963.22 and is greater than zero Reject since NPV is 561.963.22 and is less than zero Accept ince NPY - 341,936 22 and is greater than zero Accept since NPV 561.963.22 and is greater than zero None of the listed choices is correct