Cori's Sausage Corporation is trying to choose between the following two mutually exclusive design projects:

Cori's Sausage Corporation is trying to choose between the following two mutually exclusive design projects: Year o Cash Flow (0) -$ 61,000 28,000 28,000 28,000 1 Cash Flow (II) -$35,800 16,500 16,500 16,500 2 3 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 1 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