Your company is deciding between 2 different projects. The firms cost of capital is 8% Project A: The initial investment is $1,000,000. The project will last for 4 years and the cash flows are expected to be $320,000 per year. Project B: The initial investment is $1,200,000. The project will last for 4 years and the cash flows are expected to be $375,000 per year. Calculate the NPV for both projects. What is your decision is the projects are mutually exclusive? What is your decision of the projects are independent?