14. Problems with Profitability Index The Whenworth Corporation is trying to choose between the following two mutually exclusive design projects: Year 0 1 2 3 Cash Flow (1) -$84,000 30,600 36,900 43,700 Cash Flow (II) -$29,800 10,500 17,400 15,600 a. If the required return is 11 percent and the company applies the profitability index decision rule, which project should the firm accept? b. If the company applies the NPV decision rule, which project should it take? Just part (b) please; also which project do I accept and reject