Beacon Company is considering two different, mutually exclusive capital expenditure proposals. Project A will cost $508,298. has an expected useful life of 12, years, a salvage value of zero, and is expected to increase net annual cash flows by $74,800. Project B will cost $300,400, has an expected useful life of 12 years, a salvage value of zero, and is expected to increase net annual cash flows by $46,700. A discount rate of 8% is appropriate for both projects. Compute the net present value and profitability index of each project