Consider the following cash flows on two mutually exclusive projects for the Bahamas Recreation Corporation (BRC). Both projects require an annual return of 15 percent. Deepwater Year Fishing 0-$970.000 1 390,000 2 526.000 3 440.000 New Submarine Ride 1.890.000 940,000 820.000 790.000 a-1. Compute the IRR for both projects. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g.. 3216.) Deepwater Fishing Submarine Ride -18.38% -17.19% a-2 Based on the IRR, which project should you choose? Deepwater Fishing O Submarine Ride a-2 Based on the IRR, which project should you choose? Deepwater Fishing O Submarine Ride b-1. Calculate the incremental IRR for the cash flows. (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g. 3216.) Incremental IRR 2.94% b-2 Based on the incremental IRR, which project should you choose? Deepwater Fishing O Submarine Ride C-1. Compute the NPV for both projects. (Do not round intermediate calculations and round your answers to 2 decimal places. e.... 3216.) $ Deepwater Fishing Submarine Ride 48,842.74 58,145.16 $