Marissa Manufacturing is presented with the following two mutually exclusive projects. The required return for both projects is $15$ percent.

Year Project M Project N

$0$$ $138,000$$ $357,000$

$163,700151,500$

$281,700182,000$

$372,700136,500$

$458,700112,000$

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$.,32\mathrm{.}16.$

What is the NPV for each project?

Note: Do not round intermediate calculations and round your answers to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

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