Western Dynamite Company is evaluating two new methods of blowing up buildings for commercial purposes over the next five years. Method 1 (implosion) is relatively low in risk for this business and will carry a 13 percent discount rate. Method 2 (explosion) is more dangerous and will require a higher discount rate of 17 percent. Either method will require an initial capital outlay of $92,000. The expected cash inflows from projected business over the next five years are given below. Years 1 2 3 4 Method 1 $31,100 37,200 44,600 38,800 19,200 Method 2 $ 20,800 24,400 42,200 37,300 70,900 5 a. (6 pts.) Calculate NPV for Method 1 and Method 2. (Do not round intermediate calculations. Round the final answers to the nearest whole dollar.) Net present value $ Method 1 Method 2 $ b. (3 pts) Which method should be selected using net present value analysis? Method 1 Method 2 O Neither of these