A Company is thinking about two different modifications to its current manufacturing process. The after-tax cash flows associated with the two investments follow: Year Project I Project II 0 $(100,000) $(100,000) 1 63,857 2 134,560 63,857 The company's cost of capital is 14%. Required: 1. Compute the NPV and the IRR for each investment. Round present value calculations and your final NPV answers to the nearest dollar. Round IRR answers to the nearest whole percent. NPV IRR Project I $fill in the blank 1 fill in the blank 2 % Project II $fill in the blank 3 fill in the blank 4 % 2. Conceptual Connection: Why the project with the larger NPV is the correct choice for the company..