Two mutually exclusive projects have an initial cost of $47,500 each. Project A produces cash inflows of $25,300 $37,100, and $22.000 for Years 1 through 3, respectively. Project B produces cash inflows of $43,600, $19.800 and $10,400 for Years 1 through 3, respectively. The required rate of return is 14.7 percent for Project A and 14.9 percent for Project B. Which project(s) should be accepted and why? (Use NPV and IRR)