please help showcase the step by step calculations needed for solving this problem. thank you! :)

Consider the following two mutually exclusive projects: Year Cash Flow (A) ONM $346,000 49,000 69,000 69,000 444,000 Cash Flow (B) $48,000 24,400 22,400 19,900 15,000 Whichever project you choose, if any, you require a return of 16 percent on your investment 0-1 What is the payback period for each project? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) years Project A Project B years a-2 if you apply the payback criterion, which investment will you choose? O Project A O Project B b-1 What is the discounted payback period for each project? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g 32.16.) years Project A Project B I years c-1 What is the NPV for each project? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Project A Project B c-21f you apply the NPV criterion, which investment will you choose? O Project A O Project B d-1 What is the IRR for each project? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Project A Project d-21f you apply the IRR criterion, which investment will you choose? O Project A O Project B e-1 What is the profitability index for each project? (Do not round intermediate calculations and round your answers to 3 decimal places, e.g. 32.161.) Project A Project B e-21f you apply the profitability index criterion, which investment will you choose? O Project A O Project B f. Based on your answers in (a) through (e), whichroject will you finally choose