Marissa Manufacturing is presented with the following two mutually exclusive projects. The required return for both projects is 14 percent.

Year	Project M	Project N
0	$ 140,000	$ 365,000
1	64,500	147,500
2	82,500	190,000
3	73,500	132,500
4	59,500	120,000

What is the IRR for each project?

Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.

What is the NPV for each project?

Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.

Which, if either, of the projects should the company accept?