I HAVE TRIED 616 ALSO AND IT KEEPS SAYING IT IS WRONG...

Edelman Engineering is considering including two pieces of equipment, a truck and an overhead pulley system, in this year's capital budget. The projects are independent. The cash outlay for the truck is $19,000 and that for the pulley system is $20,000. The firm's cost of capital is 12%. After-tax cash flows, including depreciation, are as follows pulley $7,500 7,500 7,500 7,500 7,500 Year Truck $5,100 5,100 5,100 5,100 5,100 2 a. Calculate the IRR for each project. Round your answers to two decimal places Truck:10.68 What is the correct accept/reject decision for this project? Reject Pulley: 25.41 What is the correct accept/reject decision for this project? Accept b. Calculate the NPV for each project. Round your answers to the nearest dollar, if necessary. Enter each answer as a whole number. For example, do not enter 1,000,000 as 1 million Truck: $615.64 What is the correct accept/reject decision for this project? Reject Y