Current Attempt in Progress Vaughn Company is considering two different, mutually exclusive capital expenditure proposals. Project A will cost $$508,000,$ has an expected useful life of $14$ years and a salvage value of zero, and is expected to increase net annual cash flows by $$72,000.$ Project B will cost $$308,000,$ has an expected useful life of $14$ years and a salvage value of zero, and is expected to increase net annual cash flows by $$46,000.$ A discount rate of $9\%$ is appropriate for both projects.

a$.$Calculate the net present value and profitability index of each project

b$.$Which project should be accepted based on net present value?

c$.$ Which project should be accepted based on profitability index