Use the NpV method to delermine whetior Hankins Products should invest in the following propects: - Project A: Coats $265,000 and offers seven annual net cash inflows of $55,000. Makbons Products tequives an annual retum of 14% on inventments of this nature (Cici the lese to vipw fresent Value of 51 table) XClck the loon to venw Present Value of Ordinary Annuty of 51 table) Resd the regurements Requirement 1. What is the Npy of each propoct? Masume nether project has a residual valbe. Aound to two decimal places. (Enler ary lactor amounts io three decina places. Xxock Use Cadulatin the KPV (net present value) of each project Hegin by caloulating the Npy of Pivede A Reference Reference Requirements 1. What is the NPV of each project? Assume neither project has a residual value. Round to two decimal places. 2. What is the maximum acceptable price to pay for each project? 3. What is the profitability index of each project? Round to two decimal places