Consider the following cash flows on two mutually exclusive projects for the Bahamas Recreation Corporation. Both projects require annual return of 14 percent. Deepwater New Submarine Year Fishing Ride 0 -$955,000-$1,860,000 375,000 514,000 425,000 910,000 805,000 760,000 2 a-1. Compute the IRR for both projects. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) IRR Deepwater Fishing Submarine Ride a-2. Based on the IRR, which project should you choose? Submarine Ride Deepwater Fishing b-1. Calculate the incremental IRR for the cash flows. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Incremental IRR