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Sunland Company is considering two different, mutually exclusive capital expenditure proposals. Project A will cost $505,000, has an expected useful life of 13 years and

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Sunland Company is considering two different, mutually exclusive capital expenditure proposals. Project A will cost $505,000, has an expected useful life of 13 years and a salvage value of zero, and is expected to increase net annual cash flows by $75,000, Project B will cost $329,000, has an expected useful life of 13 years and a salvage value of zero, and is expected to increase net annual cash flows by \$51,000. A discount rate of 9% is appropriate for both projects. Clickbere to view the factor table. Calculate the net present value and profitability index of each project. (If the net present volue is negotive, use either a negative sign preceding the number es. 45 or parentheses es. (45). Round present value answers to 0 decimal places, es. 125 and profitability index answers to 2 decimal places, eg. 15.52. For calculation purposes, use 5 decimal places as displayed in the factor table provided, eg. 1.25124.)

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