Abbondante Multinational Inc. has to decide between a gas$-$powered and an electric$-$powered forklift. The company will buy only one forklift. The gas$-$powered forklift costs $$17,600$ and has cash flows of $$5,700$ per year for $8$ years. The electric$-$powered forklift will cost $$22,100$ and has cash flows of $$5,900$ per year for $6$ years. The cost of capital is $9\mathrm{.}57\%.$ Calculate the NPV and the IRR for each forklift. Which one should the company select? Why? Calculate the profitability index for both. Which one should the company select? Why?