Problem Set 2 Q Search this course BOOK X NPVS, IRRS, and MIRRs for Independent Projects Edelman Engineering is considering including two pieces of equipment, a truck and an oorhand pallery item, in this year's capital budget. The projects independent. The cash outlay for the truck is $19,000, and that for the pulley system is $20,000. The firm's cost of capital 12%. After tar cachflows, including depreciation, are as follows: Year Truck Pulley . 35.100 $7,500 2 5.100 7,500 5,100 7,500 5.100 7,500 5 5,100 7,500 Calculate the IRR. the NPV, and the MERR for each project, and indicate the correct accept reject decision for each. Do not round intermediate calculations. Round the monetary values to the nearest dollar and percentage values to two decimal places. Use a minus sign to enter negative values, I any. Truck Pulley Value Decision Value Decision TRR -Select $ $ NPV Acol React MIRR 36 Bele 4