A company is examining two projects as a part of its expansion plan for the next year. Both projects are not mutually exclusive. The cost of Project A is $12,950 while Project B is expected to cost $18,625. The company's cost of capital (required rate of return) is 11.5 %. Expected annual cash flows are projected to be as follows:

Year	Project A	Project B
1	3,250.00	6,850.00
2	3,250.00	6,850.00
3	3,250.00	6,850.00
4	3,250.00	6,850.00
5	3,250.00	6,850.00

Each project will last an estimated 5 years with no remaining significant scrap value. Determine the IRR and the NPV for each of these two projects. What should Henn Corp decide about each proposed project.