show working out please

The company you work for, Cowl Communications is investing into new start-up companies in an effort to diversify their portfolio. As the finance manager, you have sourced the following information for two investments your company can make: Both projects have a life of 4 years. The company's tax rate is 25% and uses a straight-line depreciation method. You assume that there will be no 'salvage' value associated with these projects at the end of their project life. Cowl Communications has a required rate of return of 12% per annum. a) Determine the Free Cash Flows (FCFs), for each year, to the firm for both projects. (7 marks) b) Based on your calculated FCFs, calculate the Net Preseat Value of the project and identify which of the projects you would recommend if the projects are mutually exclusive