TCould you solve the following problem the way I have under A and instructions on how to do the Cash flow registry on the Financial calculator: Question: There are two independent capital investment projects of average risk for the Lopez Company that are currently under consideration for purchase today. It is your job to complete the analysis of these projects.

Project A Project B

Cost of purchasing project $(9,000)(9,000)$

After Tax Income Yr $13,000(3,000)$

After Tax Income Yr $24,000(3,000)$

After Tax Income Yr $34,00011,787\mathrm{.}28$

Assume the tax laws allow each project$$s cost to be depreciated over three years under the straight$-$line method and there will be no salvage value. The projects will not require any incremental working capital at any time. Assume the Lopez Company has an opportunity cost of capital equal to $20\%$ with a standard deviation of $12\%.$ Assume the Lopez Company is in the $40\%$ tax bracket and will stay at this level regardless of which projects are chosen. Assume the Lopez Company has $1,000$ shares outstanding.

A$.$ What is the Net Present value for each project A & B$.$ Based on NPV$,$ which projects, if any, should this company undertake?

This is some of the work I have: Depreciation $=9,000$ cost divided by $3=3,000$ per year for each chase

Yearly CFs $=$ After tax income $+$ depreciation $($no other adjustments needed$)$

CF$0(9,000),$ CF$16000,$ CF$27000,$ CF$37000,$ NPV $=20$

B$.$ What is the internal rate of return $($IRR$)$ for project A & B$.$ Based on IRR, which projects, if any, should this company undertake?