The Sloan Corporation is trying to choose between the following two mutually exclusive design projects: Cash Flow Cash Flow Year (0) (11) -$68,000 $17,600 1 31,000 9,500 2 31,000 9,500 3 31,000 9,500 NO a-1 If the required return is 12 percent, what is the profitability index for both projects? (Do not round intermediate calculations. Round your answers to 3 decimal places, e.g., 32.161.) Project 1 Project 11 a-2 If the company applies the profitability index decision rule, which project should the firm accept? O Project 1 O Project 11 b-1 What is the NPV for both projects? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Project 1 Project II b-21f the company applies the NPV decision rule, which project should it take? O Project 1 O Project 11