Please answer all questions part-by part in a neat format. Please give explanation so I can learn. I will give thumbs up asap.

Consider the following two mutually exclusive projects: YearCash Flow (A) Cash Flow (B) 0 $ -350,000 $ -50,000 1 45,000 24,000 2 65,000 22,000 3 65,000 19,500 4 440,000 14,600 Whichever project you choose, if any, you require a 15% return on your investment. Questions: a-1. What is the payback period for each project?| a-2. If you apply the payback criterion, which investment will you choose? b-1. What is the NPV for each project? b-2. If you apply the NPV criterion, which investment will you choose? C-1. What is the IRR for each project? (Use Excel to calculate IRR) c-2. If you apply the IRR criterion, which investment will you choose? c-3. Why would you be careful to use IRR in this situation? d-1. What is the profitability index for each project? d-2. If you apply the profitability index criterion, which investment will you choose? e. Based on your answers in (a) through (d), which project will you finally choose