You are considering two mutually exclusive projects. Project A has cash flows of -$125,000, $51,400, $52,900, and $63,300 for years 0 to 3, respectively. Project B has cash flows of -$85,000, $23,100, $28,200, and $69,800 for years 0 to 3, respectively. Project A has a required return of 9 percent while Project Bs required return is 11 percent. Should you accept or reject these projects based on IRR analysis?

Accept Project A and reject Project B

Reject Project A and accept Project B

Accept both projects

Reject both projects

You should not use IRR; use a different method of analysis.