Project S has a cost of $10,000 and is expected to produce benefits (cash flows) of $3,000 per year for 5 years. Project L costs $25,000 and is expected to produce cash flows of $7,400 per year for 5 years. Calculate the two projects NPVs and IRRs assuming a cost of capital of 12%. Which project would be selected, assuming they are mutually exclusive? Calculate the crossover rate.