$5.$ A manufacturing company is evaluating two mutually exclusive projects, A and B$,$ and is considering using IRR as the decision$-$making tool. Project A requires an initial investment of $$1,000,000$ and generates cash inflows of $$400,000$ per year for the next four years. Project B requires an initial investment of $$1,500,000$ and generates cash inflows of $$500,000$ per year for the next three years. The company's required rate of return is $12\%.$calcluate the IRR for each project