Eagle Corp. is considering two projects, Project A and Project B, with the following cash flows:

Project A:

Year	Cash Flow ($)
0	-120,000
1	30,000
2	50,000
3	70,000
4	80,000

Project B:

Year	Cash Flow ($)
0	-140,000
1	40,000
2	60,000
3	80,000
4	90,000

The discount rate for Project A is 8%, and for Project B, it is 10%.

a) i. Calculate the payback period for each project.
 ii. Which project should be accepted if the payback period required is 3.5 years?

b) i. Calculate the Net Present Value (NPV) for each project.
 ii. Which project should be accepted based on the NPV rule?

c) i. Calculate the Internal Rate of Return (IRR) for each project.
 ii. Which project should be accepted based on the IRR rule?