Tamarisk Company is considering two different, mutually exclusive capital expenditure proposals. Project A will cost $537,000, has an expected useful life of 15 years and a salvage value of zero, and is expected to increase net annual cash flows by $69,000. Project B will cost $351,000, has an expected useful life of 15 years and a salvage value of zero, and is expected to increase net annual cash flows by $47,000. A discount rate of 8% is appropriate for both projects. Click here to view the factor table. Calculate the net present value and profitability index of each project.

net present value - Project A

net present value - Project B

profitability index- Project A

profitability index- Project B