Part C. Corona, Inc. has the opportunity to invest in one of two mutually exclusive pieces of equipment (Big and Small). The cost of each investment and its projected cash inflows are as follows: Big Equipment Small Equipment 01/01/17-Cash outflow $40,000 01/01/17-Cash outflow $20,000 12/31/17--Cash inflow $13,000 12/31/17-Cash inflow 10,000 12/31/18-Cash inflow $13,000 12/31/18Cash inflow 12/31/19-Cash inflow $13.000 12/31/19 Cash inflow 7,000 12/31/20 Cash inflow $13,000 The firm's cost of capital is 6%. Time value of money factors for 6% are as follows: 9,000 09414 Present Value of 1 Facter Present Value of Annuity Factor 0.9434 0.8900 1.119 0.8396 26730 3.4551 Required: 1. Compute the net present value for both Big and Small. 2. Which project should Corona invest in if it bases its decision on net present values? 3. Compute the profitability index for both Big and Small. 4. Which project should Ontario invest in if it bases its decision on the profitability indexes