Ivanhoe Incorporated management is considering investing in two alternative production systems. The systems are mutually exclusive, and the cost of the new equipment and the resulting cash flows are shown in the accompanying table. The firm uses a 8 percent discount rate for production systems. Year 0 1 System 1 -$12,490 12,536 12,536 12,536 System 2 -$44,703 30,270 30,270 30,270 2 3 NPV of system 1 is $ and NPV of system 2 $ Which production system has the higher NPV? vhas higher NPV