Ivanhoe Industries is expanding its product line and its production capacity. The costs and expected cash flows of the two independent projects are given in the following table. The firm uses a discount rate of $14\mathrm{.}82$ percent for such projects.

$\backslash$table$[[$Year$,$Product Line Expansion,$\backslash$table$[[$Production Capacity$],[$Expansion$]]],[0,-$$$2,287,900,-$$$7,327,100$