Indigo Company is considering two different, mutually exclusive capital expenditure proposals. Project A will cost $435,000, has an expected useful life of 13 years and a salvage value of zero, and is expected to increase net annual cash flows by $69,000. Project B will cost $331,000, has an expected useful life of 13 years and a salvage value of zero, and is expected to increase net annual cash flows by $54,000. A discount rate of 10% is appropriate for both projects. Discount factor at 10%=7.10336 I a. Calculate the net present value and profitability index of each project. b. Which project should be accepted based on net present value? c. Which project should be accepted based on profitability index