1. Wilson's Market is considering two mutually exclusive projects that will not be repeated. The required rate of return is 13.9 percent for Project A and 12.5 percent for Project B. Project A has an initial cost of $54,500, and should produce cash inflows of $16,400, $28,900, and $31,700 for Years 1 to 3, respectively. Project B has an initial cost of $69,400, and should produce cash inflows of $0, $48,300, and $42,100, for Years 1 to 3, respectively. Based on IRR , which project, if either, should be accepted and why? To determine which project, if either, should be accepted based on the Internal Rate of Return (IRR), we need to calculate the IRR for each project and compare it to the respective required rates of return. SHOW ALL WORK, NO TABLES OR EXCEL