In the process of researching new equipment, Blossom settled on two seemingly viable alternatives: 1. A one-time investment today of $38,000, which should generate net after-tax cash inflows of $18,000 per year for the next 3 years. 2. A one-time investment today of $45,000, which should generate net after-tax cash flows of $29,000 per year for the next 3 years. Both amounts already include the depreciation tax shield. Blossom's minimum required return is 8%. (a1) Calculate the NPV and IRR for both of these investments. (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and final NPV answers to 0 decimal places e.g. 58,971. Round IRR to 2 decimal places, e.g. 15.25\%. Enter negative amounts using either a negative sign preceding the number, e.g. 58,971 or parentheses, e.g. (58,971). Click here to view the factor table (a2) Which investment appears to be the better option