There are two projects. Project Everest has an outflow of cash of $34,000 in years 0 and 1, followed by an inflow of $49,000 in each of the years 2 and 3. Project Seabed has a cash outflow of $60,000 in year 0, followed by an inflow of $29,000 in years 1, 2, and 3. a) If the profitability index decision rule applies and the required return is 7.5%, which project should be selected? b) If the NPV decision rule applies then which project should be selected? Place your final answer in the Answer box