The Whenworth Corporation is trying to choose between the following two mutually exclusive design projects: Year Cash Flow (0) Cash Flow (1) 0 -$88,000 -$56,000 1 37,900 11,400 2 48,000 35,500 3 28,000 29,500 a-1. If the required return is 11 percent, what is the profitability index for each project? (Do not round intermediate calculations and round your answers to 3 decimal places, e.g., 32.161.) a-2. If the company applies the profitability Index decision rule, which project should it take? b-1. If the required return is 11 percent, what is the NPV for each project? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) b-2. If the company applies the net present value decision rule, which project should it take? a-1. Project Project II a-2 b-1. Project 1