Q4. You are a financial analyst for the Hittle Company. The director of capital budgeting has asked you to analyze two proposed capital investments, Projects X and Y. Each project has a cost of $10,000 and the cost of capital for each project is 12%. The projects' expected net cash flows are as follows: Expected Net Cash Flows Year 0 Project X -$10,000 Project Y -$10,000 1 6,500 3,500 2 3,000 3,500 3 3,000 3,500 4 1,000 3,500 a. Calculate Each Project's Net Present Value (NPV) and Internal Rate of Return (IRR). b. Which project or projects should be accepted if they are independent? Why? c. Which project or projects should be accepted if they are Mutually Exclusive? Why? Show all calculations to get any credit. (25 points)