A firm with a $14\%$ WACC is evaluating two projects for this year's capital budget. After$-$tax cash flows, including depreciation, are as follows:$34$Project MProject N$-$ $$30,000-$ $$90,000$$$10,000$$$28,0002+$$$10,000$$$28,000$$$10,000$$$28,000$$$10,000$$$28,000$$$10,000$$$28,000$a$.$ Calculate NPV$,$ IRR, MIRR, payback, and discounted payback for each project.b$.$ Assuming the projects are independent, which one$($s$)$ would you recommend?