Mobil Company has hired a consultant to propose a way to increase the company's revenues. The consultant has evaluated two mutually exclusive projects with the following information provided for each project: Project Turtle $1,105,000 Project Snake $625.000 105,000 180,000 Capital investment Annual cash flows Estimated useful life 10 years 10 years Mobil Company used a discount rate of 9% to evaluate both projects. Calculate the following: Format net present value answers using $, commas, and zero decimals. The profitability index and cash payback should be formatted with two decimal places. Project Turtle Project Snake Net present value $50,179 $48,854 Profitability index 1.05 1.08 Cash payback Based on your analysis of the proposed capital expenditures for Project Turtle and Project Snake, which project should Mobil accept? [Select]