Hi, can you please help me with this? I have tried but am not sureif I am correct. Moody Vitamin Company is considering two investments, both of whichcost $ $10,000. The cash flows are as follows: Year Project A Project B 1 $12,000 $10,000 2 $ 8,000 $ 6,000 3 $ 6,000 $ 16,000 a. Which of the two projects should be chosen based on the paybackmethod? b. Which of the two projects should be chosen based on the netpresent value method? (Assume a cost of capital of 10%). For the A part I would choose project B as the answer. For the Bpart I would choose B also because the amount of money made isgreat than with project A.