(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 Ais $52,000 and the initial cash outlay associated with Project B is $64,000. The discount rate on both projects is 11.3 percent. The expected annual cash flows from each project are as follows: Year 0 1 2 3 4 5 6 Project A $(52,000) 12,000 12,000 12,000 12,000 12,000 12,000 Project B $(64,000) 13,000 13,000 13,000 13,000 13,000 13,000