Mini IncIs Contemplating a Capital Project Costing $47019 This Project Is
A)unacceptable Because It Earns a Rate Less

Mini Inc.is contemplating a capital project costing $47019.The project will provide annual cost savings of $18000 for 3 years and have a salvage value of $3000.The company's required rate of return is 10%.The company uses straight-line depreciation. $\begin{array} { c c c } \underline{\text { Year } }& \begin{array} { c } \text { Present Value } \\\underline{\text { of } 1 \text { at } 10 \%}\end{array} & \begin{array} { c } \text { PV of an Annuity } \\\underline{\text { of } 1 \text { at } 10 \%}\end{array} \\ 1 & .909 & .909 \\2 & .826 & 1.736 \\3 & .751 & 2.487\end{array}$ This project is

A) unacceptable because it earns a rate less than 10%.
B) acceptable because it has a positive NPV.
C) unacceptable because it has a negative NPV.
D) acceptable because it has a zero NPV.