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Symon's Sausage Corporation is trying to choose between the following two mutually exclusive design projects: Year Cash Flow ( I ) Cash Flow ( II

Symon's Sausage Corporation is trying to choose between the following two mutually exclusive design projects:
Year Cash Flow (I) Cash Flow (II)
0$ 58,000$ 32,800
127,10015,600
227,10015,600
327,10015,600
a-1.
If the required return is 10 percent, what is the profitability index for each project? (Do not round intermediate calculations and round your answers to 3 decimal places, e.g.,32.161.)
b-1.
What is the NPV for each project? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g.,32.16.)

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