What is the difference between "independent" and "mutually exclusive" projects? Fill$-$in$-$the$-$blanks below assuming the manager's goal is to maximize stockholder wealth.

a$.$ Accepting an independent project maximizes stockholders wealth if accepting it$\_$Increases stockholder wealth.

b$.$ Consider two mutually exclusive projects $-$ Project $1$ and Project $2.$

i$)$ Impact of Project $1$ on stockholder wealth will be measured by how much it

ii$)$ Impact of Project $2$ on stockholder wealth will be measured by how much it iii$)$ Stockhoider wealth will be maximized by accepting Project $1$ if it stockholder wealth than that by Project $2$