Pina Colada 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: Pina Colada Company uses a discount rate of 9% to evaluate both projects. Click here to view PV tables: (a) Calculate the net present value of both projects. (Use the above table) (Round factor values to 5 decimal places, e.g. 1.25124 and final answers to 0 decimal places, e.g. 5,275.)