Please answer required sections A and B in the format provided in the question so everything matches.

1 Problem 16-19A (Algo) Using net present value and internal rate of return to evaluate investment opportunities LO 16-2, 16-3 5 EBOOK References Dwight Donovan, the president of Bard Enterprises, is considering two Investment opportunities. Because of limited resources, he w be able to invest in only one of them. Project Ais 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 skills of employees operating the current equipment. Initial cash expenditures for Project A are $105.000 and for Project B are $49,000. The annual expected cash inflows are $29.128 for Project A and $14,273 for Project B. Both investments are expected to provide cash flow benefits for the next five years Baird Enterprises desired rate of retum is 6 percent (PV of $1 and PVA OLS1) (Use appropriate factor(s) from the tobles 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 Internal rate of return approach? Complete this question by entering your answers in the tabs below. Required A Required Compute the net present value of each project. Which project should be adopted based on the net present value approach CRound your final answers to 2 decimal places Required a. Compute the net present value of each project. Which project should be adopted base- b. Compute the approximate internal rate of return of each project. Which one should be approach? h Complete this question by entering your answers in the tabs below. Required A Required B Compute the net present value of each project. Which project should be adopted based on the (Round your final answers to 2 decimal places.) Net Present Value Project A Project B Which project should be adopted? K Required A Required B > Prev 1 of 2 plete es Required A Required B Compute the approximate internal rate of return of each project. Which one should be adopted E return approach? Internal Rate of Return % % Project A Project B Which project should be adopted?