BE12-5 McKnight Company is considering two different, mutually exclusive capital Comp expenditure proposals. Project A will cost $400,000, has an expected useful life of 10 years, a and salvage value of zero, and is expected to increase net annual cash flows by $70,000. Project B (Lo 2 will cost $310,000, has an expected useful life of 10 years, a salvage value of zero, and is expected to increase net annual cash flows by $55,000. A discount rate of 9% is appropriate for both projects. Compute the net present value and profitability index of each project Which project should be accepted