Smith Engineering is considering including two pieces of equipment, a truck and overhead pulley system, in this year's capital budget. The projects are independent. The cash outlay for the truck is $ 17,400 and that for the pulley system is $ 22,430. The firm's cost of capital is 14%. After-tax cash flows, including depreciation, are as follows:

Year	Truck	Pulley
0	($17,100.00)	($22,430.00)
1	$5,100.00	$7,500.00
2	$5,100.00	$7,500.00
3	$5,100.00	$7,500.00
4	$5,100.00	$7,500.00
5	$5,100.00	$7,500.00

Calculate the IRR, the NPV, and the MIRR for each project, and indicate the correct accept- reject decision for each.
	Truck	Pulley
IRR
NPV
MIRR