The projected cash flows for two mutually exclusive projects are as follows:

Year

Project A

Project B

$0$

$($$$150,000)$

$($$$150,000)$

$1$

$0$

$50,000$

$2$

$0$

$50,000$

$3$

$0$

$50,000$

$4$

$0$

$50,000$

$5$

$250,000$

$50,000$

If the cost of capital is $10\%,$ the decidedly more favorable project is: need NPV and IRR as well