NPV and IRR analysis of projects. Thomas Company is considering two mutually exclusive projects. The firm, which has a cost of capital of \16, has estimated its cash flows as shown in the following table: a. Calculate the NPV of each project, and assess its acceptability. b. Calculate the IRR for each project, and assess its acceptability. a. The NPV of project A is \\( s \\) (Round to the nearest cent.) \\begin{tabular}{ccc} \\hline \\multirow{3}{*}{\\( \\begin{array}{l}\\text { Initial investment } \\\\ \\left(\\mathbf{C F}_{0}\ ight)\\end{array} \\)} & Project A & Project B \\\\ \\cline { 2 - 3 } & \\( \\$ 140,000 \\) & \\( \\$ 83,000 \\) \\\\ \\hline Year \\( (\\boldsymbol{t}) \\) & \\multicolumn{2}{c}{ Cash inflows \\( \\left(\\mathbf{C F}_{\\boldsymbol{t}}\ ight) \\)} \\\\ \\hline 1 & \\( \\$ 30,000 \\) & \\( \\$ 40,000 \\) \\\\ 2 & \\( \\$ 35,000 \\) & \\( \\$ 30,000 \\) \\\\ 3 & \\( \\$ 30,000 \\) & \\( \\$ 15,000 \\) \\\\ 4 & \\( \\$ 60,000 \\) & \\( \\$ 25,000 \\) \\\\ 5 & \\( \\$ 65,000 \\) & \\( \\$ 25,000 \\) \\\\ \\hline \\end{tabular}