12. Adam, Inc. is considering the following investment projects and cash flow streams that have a required return of 13.00%: Year 0 Annual Cash Flows B ($300,000 $300,000 120.000 60,000 100.000 80,000 80,000 100,000 60,000 120,000 40,000 140,000 3 4 5 a. Calculate the NPV and IRR for both projects. b. If the projects are mutually exclusive, which project should he choose? Why