Bausch Company is presented with the following two mutually exclusive projects. The required return for both projects is $17$ percent.

Year Project M Project N

$0$$$138,000$$$367,000$

$164,700146,500$

$282,700192,000$

$373,700131,500$

$459,700122,000$

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$.,32\mathrm{.}16.)$

b$.$ What is the NPV for each project? $($Do not round intermediate calculations and round your answers to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

c$.$ Which, if either, of the projects should the company accept?