Year	Project A Cash Flow	Project B Cash Flow
0	-$50,000	-$60,000
1	$15,000	$20,000
2	$20,000	$25,000
3	$25,000	$30,000
4	$10,000	$12,000

The required rate of return for these projects is 10%.

(a) Calculate the net present value (NPV) for both Project A and Project B.

(b) Determine the profitability index (PI) for both projects.

(c) Compute the internal rate of return (IRR) for both projects.

(d) Based on your analysis, which project(s) should be undertaken? Provide reasons for your choice.