Beacon Company is considering two different, mutually exclusive capital expenditure proposals. Project A will cost $495,478, has an expected useful life of 14 years, a salvage value of zero, and is expected to increase net annual cash flows by $70,600. Project B will cost $322,565, has an expected useful life of 14 years, a salvage value of zero, and is expected to increase net annual cash flows by $48,100. A discount rate of 9% is appropriate for both projects.

(For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Compute the net present value and profitability index of each project. (If the net present value is negative, use either a negative sign preceding the number eg -45 or parentheses eg (45). Round present value answers to 0 decimal places, e.g. 125 and profitability index answers to 2 decimal places, e.g. 15.25.)