Diaz Camera Company is considering two investments, both of which cost 10,000. The cash flows are as follows: YEAR PROJECT A PROJECT B 1 6000 5000 2 4000 3000 3 3000 8000 Requirement: 1) Which of the project should be chosen based on payback method? 2) Which of the project should be chosen based on NPV method? Assume cost of capital is 10%. 3) Determine the internal rate of return using interpolation method. Which project should be accepted under IRR and why