solve

A firm with a 14\% WACC is evaluating two projects for this rear's captal buspet. After-tax cash flowh, inclusing depreciation, are as follows: \begin{tabular}{|c|c|c|c|c|c|c|} \hline & 0 & 1 & 2 & 3 & 4 & 5 \\ \hline Projed M & 527,000 & $9,000 & 59,000 & $9,000 & $9,000 & $9,000 \\ \hline Project N & $81,000 & $25,200 & 1725,200 & 525,200 & $25,200 & 125.200 \\ \hline \end{tabular} Froject M is Project Ni 1 Caiculate bur for each project bo hat round intermedate calculations. Found your answers to two deomal places. mejed M noinet N Fiseit n hresa N Froed h vean Hejed k van Praject H vears Hreject N year D. Assuming be projects we independent, whech ofe(o) wowle you recompend? Falen c. If the project are mutualy exdiulve, which would veu recommend? Lered: Fom