Alor Setar Corporation has two projects under consideration. The cash flows for each project are shown in the following table. Each project has a cost of RM300,000 and the firm has a 12% cost of capital. Year 1 2 3 4 Project Chang RM60,000 RM80,000 RM100,000 RM100,000 RM100,000 Project Loon RM50,000 RM60,000 RM100,000 RM100,000 RM130,000 5 (a) Calculate each project's payback period, net present value, and profitability index. (b) Which project or project should be accepted if they are independent