There are two projects under consideration by the Rainbow factory. Each of the projects will require an initial investment of $34,853 and is expected to generate the following cash flows: First Year Second Year Third Year Total Alpha Project $32,500 $22,000 $5,000 $59,500 Beta Project 7,500 24,000 28,816 60,316 A. Calculate the internal rate of return on both projects. Use the IRR spreadsheet function to calculate internal rate of return. Alpha Project % Beta Project % B. Make a recommendation on which one to accept