Sparkle Co. has an opportunity to invest in two business initiatives: M1 and 22. Expected cash flow data for these two projects is shown below: Mi Z2 2019 -140 -140 2020 60 2021 60 2022 2023 Sparkle has a WACC of 18%. Calculate the NPV of these projects. Project M1 NPV: Project Z2 NPV: Based on NPV, preferred is: If both projects can be undertaken, should they