A three-year project requires an initial investment of $500,000, and will produce $225,000 in EBIT before depreciation every 12 months (Years 1 and 4 are half years). Interest expense is $0, and the tax rate is 35%. The first cash flow will occur one year from today, and will include OCFs for six months. The cash flows received at n = 2 and 3 will include OCFs for twelve months. The final cash flow will occur 3.5 years from today, and will include OCFs for 6 months. A. Using straight line depreciation, calculate the NPV of the project using discount rates of 8% and 10%. In addition, calculate the IRR of the project. Over what range of discount rates should the company accept the project? B. Using MACRS depreciation, calculate the NPV of the project using discount rates of 8% and 10%. In addition, calculate the IRR of the project. Over what range of discount rates should the company accept the project?