Payton Company is evaluating the following two mutually exclusive projects. The required return for both projects is 16 percent. Year 0 1 2 3 4 Project M $ 139,000 64,600 82,600 73,600 59,600 Project N -$366,000 147,000 191,000 132,000 121,000 02 a. What is the IRR for each project? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) IRR Project M Project N % % b. What is the NPV for each project? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g.. 32.16.) Project M Project N NPV $ $ c. Which, if either of the projects should Payton Company accept