Please steps by steps using word-typing please ( no photos or hand writing )

A firm is evaluating two projects that are mutually exclusive with initial investments and cash flows as follows:

Project A		Project B
Initial Investment	End-of-Year Cash Flows	Initial Investment	End-of-Year Cash Flows
40,000	20,000	90,000	40,000
	20,000		40,000
	20,000		80,000

Q. decide which project should be chosen on the basis of:

1. The payback period if the required payback period is 2 years.

2. The Net Present Value (NPV) if the discount rate is 12%.

3. The Profitability Index (PI).