Cori's Sausage Corporation is trying to choose between the following two mutually exclusive design projects: Year 0 1 2 3 Project -$45,000 23,200 23,200 23,200 Project II -$19,800 11,700 11,700 11,700 a-1. If the required return is 10 percent, what is the profitability index for each project? (Do not round intermediate calculations and round your answers to 3 decimal places, e.g., 32.161.) Profitability Index Project Project 11 a-2. If the company applies the profitability index decision rule, which project should the firm accept? O Project 1 O Project II b-1. What is the NPV for each project? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) NPV Project 1 Project 11 b-2. If the company applies the NPV decision rule, which project should it take? Project 1 O Project