Question 2 (7 marks) New Age Ltd is considering investing in one of the two following projects to buy a new assembly line. Each option will last 5 years and have no salvage value at the end. The company's required rate of return for all investment projects is 9%. The cash flows of the projects are provided below. Cost Future Cash Flows Year 1 Year 2 Year 3 Year 4 Year 5 Assembly Line 1 $386,000 136 000 213 000 283 000 215 000 175 000 Assembly Line 2 $425,000 197 000 184 000 186 000 265 000 263 000 Required: a) Identify which option of assembly line the company should accept based on the NPV method (4 marks) (Note: Please round up the result of each calculation of PV to 2 decimal places only for simplification) b) Identify which option of assembly line the company should accept based on the Profitability Index method