i need answers to thiz question please

Dwight Donovan, the president of Thornton Enterprises, is considering two investment opportunities. Because of limited resources, he will be able to invest in only one of them. Project A is to purchase a machine that will enable factory automation; the machine is expected to have a useful life of five years and no salvage value. Project B supports a training program that will improve the skilis of employees operating the current equipment. Initial cash expenditures for Project A are $115,000 and for Project B are $33,000. The annual expected cash inflows are \$29,566 for Project A and $10,079 for Project B. Both investments are expected to provide cash flow benefits for the next five years. Thornton Enterprises' desired rate of return is 6 percent. (PV of \$1 and PVA of \$1) (Use appropriate factor(s) from the tables provided.) Required a. Compute the net present value of each project. Which project should be adopted based on the net present value approach? b. Compute the approximate internal rate of return of each project. Which one should be adopted based on the intemai rate of return approach? Answer is not complete. Complete this question by entering your answers in the tabs below. Compute the net present value of each project. Which project should be adopted based on the net present value appronch? a. Compute the net present value of each project. Which project should be b. Compute the approximate internal rate of return of each project. Which approach? Complete this question by entering your answers in the tabs below. Compute the net present value of each project. Which project should be adopted (Round your final answers to 2 decimal places.) Dwight Donovan, the president of Thornton Enterprises, is considering two investment opportunities. Because of limited resources, he will be able to invest in only one of them. Project A is to purchase a machine that will enable factory automation; the machine is expected to have a useful life of five years and no salvage value. Project B supports a training program that will improve the skilis of employees operating the current equipment. Initial cash expenditures for Project A are $115,000 and for Project B are $33,000. The annual expected cash inflows are \$29,566 for Project A and $10,079 for Project B. Both investments are expected to provide cash flow benefits for the next five years. Thornton Enterprises' desired rate of return is 6 percent. (PV of \$1 and PVA of \$1) (Use appropriate factor(s) from the tables provided.) Required a. Compute the net present value of each project. Which project should be adopted based on the net present value approach? b. Compute the approximate internal rate of return of each project. Which one should be adopted based on the intemai rate of return approach? Answer is not complete. Complete this question by entering your answers in the tabs below. Compute the net present value of each project. Which project should be adopted based on the net present value appronch? a. Compute the net present value of each project. Which project should be b. Compute the approximate internal rate of return of each project. Which approach? Complete this question by entering your answers in the tabs below. Compute the net present value of each project. Which project should be adopted (Round your final answers to 2 decimal places.)