Hi, please teach me how to solve this problem step by step with the formula. Please be as understandable as possible, since I'm new to this. Thank you!

Consider the following cash flows on five mutually exclusive projects for the Adult Playtime Corporation, a maker of adult-themed toys that still can be enjoyed by the entire family. Each project represents a proposed new toy, game, or on-line game or app. "Who's the Year Family Trivia Boss" Board Parent Baby Bounce Twister On- Swap Racing Game Line Game Phone App Release 1.0 with Chat Interactive DVD Game 0 ($950) ($2,100) ($500) ($1,800) ($2000) 1 $875 $1,600 $600 $1,500 $800 2 $550 $1,050 $200 $1,200 $700 3 $130 $900 $50 ($1,000) $600 4 $100 $50 $50 $1,000 $200 5 $75 $25 $50 $500 $100 Adult Playtime Corporation management only uses two criteria in making investment decisions, NPV and IRR. For the purpose of your analysis assume the company's cost of capital is 14%. Calculate the NPV and IRR for each of these projects then answer the following four questions. Which project has the highest Net Present Value? Board Game swer Interactive DVD