Bausch Company is presented with the following two mutually exclusive projects. The required return for both projects is 16 percent. Year Project M -$139,000 64,600 82,600 73,600 59,600 OrNM7 Project N. $366,000 147,000 191,000 132,000 121,000 Skipped a. What is the IRR for each project? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) b. What is the NPV for each project? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) c. Which, if either, of the projects should the company accept? a. % % Project M Project N Project M Project N Accept project C