Western Dynamite Company is evaluating two new methods of blowing up buildings for commercial purposes over the next five years. Method 1 (implosion) is relatively low in risk for this business and will carry a 11 percent discount rate Method 2 (explosion) is less expensive to perform, but it is more dangerous and will require a higher discount rate of 16 percent. Either method will require an initial capital outlay $93,000. The inflows from projected business over the next five years are given below. Year's 1 2 3 4 Hethod 1 $35,700 45,900 50,500 42,500 21,900 Method 2 $23,200 24,100 37,600 37.700 77,500 Calculate NPV for Method'1 and Method 2. (Round "PV Factor" to 3 decimal places. Do not round intermediate calculations. Round the final answers to the nearest whole dollar) Method 1 Method 2 Net present Value $ $ b. Which method should be selected using net present value analysis? Method 1 Method 2