solve part 1-3

(Mutually exclusive projects and NPV) You have been assigned the task of evaluating two mutually exclusive projects with the following projected cash flows: Project A Project B Year Cash Flow Cash Flow 0 $(110,000) $(110,000) 1 37,000 0 2 37,000 0 3 37,000 0 4 37,000 5 37,000 215,000 (Click on the icon in order to copy its contents into a spreadsheet) If the appropriate discount rate on these projects is 12 percent, which would be chosen and why? The NPV of Project Ass (Round to the nearest cent.)