Delta Corp. is deciding between two projects. Project A needs an initial investment of $50,000 and will yield the following cash flows:

• Year 1: $15,000
• Year 2: $20,000
• Year 3: $25,000

Project B requires an initial outlay of $70,000 with the following cash flows:

• Year 1: $25,000
• Year 2: $30,000
• Year 3: $35,000

Requirements:

1. Calculate the NPV for each project using a 14% discount rate.
2. Compute the IRR for each project.
3. Determine the Profitability Index (PI) for each project.
4. Analyze which project is more financially viable based on the calculated metrics.