You are considering two independent projects, Project A and Project B. The initial cash outlay associated with project A is RM50,000 and the initial cash outlay associated with project B is RM70,000. The required rate of return on both project is 12 percent. The expected annual free cash flows from each project are as follows Year Project A Project B 1 -RM50,000 -RM70,000 2 12,000 13,000 3 12,000 13,000 4 12,000 13,000 5 12,000 13,000 6 12,000 13,000 Calculate the NPV, PI, and IRR for each project and indicate if the project should be accepted.