Please show all work and calculations. Please do not use IRR formula in excel to solve

the 3) Empire Manufacturing is considering two mutually exclusive projects with following cash flows. Empire's cost of capital is 10 percent. Year Project A Project B 0 (485,000) (485,000) 1 0 155,000 2 0 152.000 3 0 131,000 4 0 110,000 5 0 108,000 6 1,000,000 98,500 a) Compute the NPV, IRR and Payback Period for each project. Assuming the projects were mutually exclusive: b) If the payback criterion was four years, which project would be chosen? c) If the hurdle rate was 13% which project would be chosen based on IRR? d) Which project would be chosen if NPV was the decision method? Assuming the projects were independent: e) If the payback criterion was four years, which project would be chosen? f) If the hurdle rate was 13% which project would be chosen based on IRR? g) Which project would be chosen based on NPV