Please correct tho two wrong answers. Thank you!

Capital Budgeting Methods Project S has a cost of $11,000 and is expected to produce benefits (cash flows) of $3,400 per year for 5 years. Project L costs $23,000 and is expected to produce cash flows of $6,900 per year for 5 years. Calculate the two projects' NPVs, assuming a cost of capital of 14%. Do not round intermediate calculations, Round your answers to the nearest cent. Project S: $ 672.48 Project L: $ 688.26 Calculate the two projects' Pls, assuming a cost of capital of 14%. Do not round intermediate calculations, Round your answers to three decimal places. Project S: 1.545 Project L: 1.500 Which nrniert would be selected, assuming they are mutually exclusive