Can you please show the formula and the step by step work you used?

11. (2 points) Project S has a cost of $15,000 and is expected to produce cash inflows of $3, 983 per year for 5 years. Project L has a cost of $30,000 and is expected to produce cash flows of S9282 per year for 5 years. The cost of capital is 14%. A. Which project should be selected using NPV method? WHY? B. Which project should be selected using IRR? WHY