Consider the following cash flows on two mutually exclusive projects for AZ-Motorcars. Assume the discount rate for both projects is 10 percent.

Year	AZM Mini SUV	AZM Full SUV
0	$-495,000	$-960,000
1	$352,000	$385,000
2	$198,000	$464,000
3	$165,000	$319,000

A. Based on the payback period, which project should be taken?

B. Based on the NPV, which project should be taken?

C. Based on the IRR, which project should be taken?

D. Based on this analysis, is incremental IRR analysis necessary? If yes, please conduct the analysis.