The Whenworth Corporation is trying to choose between the following two mutually exclusive design projects: Year Cash Flow (1) Cash Flow (W) -$80,000 -$38,000 31,000 13,000 40,000 27,500 46,000 19,500 WN a-1. If the required return is 14 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 14 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 1 Project II a-2. b-1. Project 1 Project II 16.2