Crane incorporated management is considering investing in two alternative production systems. The systems are mutually exclusive, and the cost of the new equipment and the resulting cash flows are shown in the accompanying table. The firm uses a 10 percent discount rate for production systems. Year 0 1 System 1 -$14,050 14,277 14277 14,277 System 2 -$44.230 30,860 30,860 30,860 2 3 Compute the IRR for both production system 1 and production system 2. (Do not round intermediate calculations. Round answers to 2 decimal places, e.g. 15.25%.) IRR of system 11s % and IRR of system 2 is 9 Which has the higher IRR? has higher IRR Computo the NPV for both production system 1 and production system 2. (Do not round intermediate calculations. Round answers to 2 decimal places, s. 15.25.) NPV of system 1 is 5 and NPV of system 25 Which reduction system banh hinh NRV