step-by-step so I can understand it better

7 Vista Company is considering two new projects, each requiring an equipment investment of $97.000 Each project will last for three years and produce the following cash inflows Yo Cool $ 3 000 43.000 48.000 $129.000 $ 42,000 42 000 42.000 $120.000 The equipment will have no salvage value at the end of its three your life Vista Company uses straight-line depreciation and requires a minimum rate of return of 125 Present value data are as follows Present stund 1 Period 1283 Present Valun dan Annuity of Period 17 893 1.690 2.402 797 712 Instructions (a) Compute the net present value of each project (b) Compute the profitability index of each project (c) Which project should be selected? Why