(Related to Checkpoint 11.1, Checkpoint 11.3, and Checkpoint 11.4) (Net present value, profitability index, and internal rate of return calculations) You are considering two independent projects, Project A and Project B. The initial cash outlay associated with Project A is $53,000 and the initial cash outlay associated with Project B is $72,000. The discount rate on both projects is 9.8 percent. The expected annual cash flows from each project are as follows: Year 0 1 2 3 4 Project A $(53,000) 12,000 12,000 12,000 12,000 12,000 Project B $(72,000) 13,000 13,000 13,000 13,000 13,000 5 a. The NPV of Project A is $ (Round to the nearest cent.) The NPV of Project B is $ (Round to the nearest cent.) b. The Pl of Project A is (Round to two decimal places.) The PI of Project B is - (Round to two decimal places.) c. The IRR of Project A is %. (Round to two decimal places.) The IRR of Project B is ]%. (Round to two decimal places.) d. Should the projects be accepted or not? (Select the best choice below.)