Ivanhoe Company is considering two different, mutually exclusive capital expenditure proposals. Project A will cost $461,000, has an expected useful life of 11 years and a salvage value of zero, and is expected to increase net annual cash flows by $72,000. Project B will cost $271,000, has an expected useful life of 11 years and a salvage value of zero, and is expected to increase net annual cash flows by $45.000. A discount rate of 8% is appropriate for both projests. Click here to view the factor table Calculate the net present value and profitability index of each project