The CFO of Advo Corporation is considering two investment opportunities. The expected Tuturu cash inflows for each opportunity follow: Year 1 Year 4 Project 1 Project 2 $144,000 204,000 Year 2 1 Year 3 $147.000 g $160,000 199.000 114.000 $178,000 112,000 Both investments require an initial payment of $400,000. Advo's desired rate of return is 16 percent Required a. Compute the net present value of each project. Which project should Advo adopt based on the net present value approach? b. Use the incremental revenue summation method to compute the payback period for each project. Which project should Advo adopt based on the payback approach