Consider the following cash flows of two mutually exclusive projects for Tropical Rubber Company. Assume the discount rate for Tropical Rubber is 10 percent. (12 Marks) Year Forklift Conveyor 0 -$500,000 -$1,000,000 500,000 600,000 1 500,000 400,000 N 3 100,000 1,000,000 i. Based on the NPV which project should be taken? ii. Based on the Profitability Index, which project should be taken? iii. Assuming that (i) and (ii) provided contradicting recommendations. As the CEO of Tropical Rubber, when should you follow Pl recommendation? Why? iv. When do you follow the NPV recommendation? Why