Keller Construction is considering two new investments, Project E calls for the purchase of earthmoving equipment Project H represents an investment in a hydraulic lift. Keller wishes to use a net present value profile in comparing the projects. The investment and cash flow patterns are as follows: Use Annendix B for an approximate answer but calculate your final answer using the formula and financial calculator methods. Project Project (542,000 Investment) ($40,000 Investment) Year Cash Flow Year Cash Flow $10.000 $21,000 15,000 16.000 21.000 14,000 23.000 1 2 3 a. Determine the net present value of the projects based on a zero percent discount rate. Answer is complete but not entirely correct. Project E Project H Net Present Value s 53,000 $ 39.000 b. Determine the net present value of the projects based on a discount rate of 12 percent. (Do not round intermediate calculations and round your answers to 2 decimal places.) Answer is not complete. Net Present Value 10,261.52 Project $ Project H c. If the projects are not mutually exclusive, which project(s) would you accept if the discount rate is 12 percent? Project E Project H Both Hand E