Method one (implosion) is relatively low in risk for this business and will carry a 11 percent discount rate. Method two (explosion) is less expensive to perform but more dangerous and will call for a higher discount rate of 16 percent. Either method will require an initial capital outlay of $93,000. The inflows from projected business over the next five years are shown next. Years Method 11 Method 2 1 $35,700 $23, 200 2 45,900 24,100 3 50,500 37,800 4 42,500 37,700 5 21,900 77,500 Use Appendix B for an approximate answer but calculate your final answers using the formula and financial calculator methods. a. Calculate net present value for Method 1 and Method 2. (Do not round intermediate calculations and round your answers to 2 decimal places.) Net Present Value - Method 1 Method 2 ces b. Which method should be selected using net present value analysis? Method 1 Method 2 ONeither of these