Baichun Group is considering two different, mutually exclusive capital expenditure proposals. Project A will cost W400,000,000, has an expected useful life of 10 years, a residual value of zero, and is expected to increase net annual cash flows by W70,000,000. Project B will cost W310,000,000, has an expected useful life of 10 years, a residual value of zero, and is expected to increase net annual cash flows by W55,000,000. A discount rate of 9% is appropriate for both projects. Compute the net present value and profitability index of each project. Which project should be accepted?