1. Calculate the net present value for each project from the following cash flows and state whether each project should be undertaken and why or why not: Original Investment Year 1 Year 2 Year 3 Year 4 Interest rate IA IB (60,000.00) (35,000.00) 13,000.00 14,000.00 15,000.00 15,000.00 17,000.00 10,000.00 22,000.00 5,000.00 1296 8% Net Present Value Undertake Project? Discuss, very briefly using the net present value criteria, why or why not. IA IB