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 Assembly Line 1 Assembly Line 2 $386,000 $425,000 Future Cash Flows Year 1 136 000 197 000 Year 2 213 000 184 000 Year 3 283 000 186 000 Year 4 215 000 265 000 Year 5 175 000 263 000 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) ANSWER a): b) Identify which option of assembly line the company should accept based on the Profitability Index method (3 marks).