$($NPV$,$ PI$,$ and IRR calculations$)$ You are considering two

independent projects, project A and project $B.$ The initial cash

outlay associated with project $A$ is $$40,000,$ and the initial cash

outlay associated with project $B$ is $$60,000.$ The required rate of

return on both projects is $10$ percent. The expected annual free

cash inflows from each project are in the popup window:

Calculate the NPV$,\frac{?}{PI},$ and IRR for each project and indicate if the

project should be accepted.