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Fijisawa Inc. is considering a major expansion of its productline and has estimated the following cash flows associated withsuch an expansion. The initial outlay would be ?$1 comma 850 000?,and the project would generate incremental free cash flows of?$700,000 per year for 6 years. The appropriate required rate ofreturn is 7 percent.a. What is the? project's NPV?? ?$ ____??(Round to the nearest?dollar.)b. What is the? project's PI?? _____???(Round to three decimal?places.)c. What is the? project's IRR?? ______?% ?(Round to two decimal?places.)d. Should this project be? accepted????(Select the best choice?below.)A. Yes. The project should be accepted because the? project'sNPV is? positive, PI is greater than? one, and IRR is greater thanthe required rate of return.??B. No. The project should be rejected because the? project's NPVis? negative, PI is less than? one, and IRR is less than therequired rate of return.??