You are considering the following two mutually exclusive projects that will not be repeated. The required rate of return is $11\mathrm{.}25\%$ for project A and $11\mathrm{.}65\%$ for project B$.$ Which project given cash flow information below should you accept and why?

Year Project A Project B

$0-$$$48,000-$$$140,900$

$118,40069,700$

$231,30092,900$

$311,7009,000$

Group of answer choices

You should accept project A since it has the higher NPV

You should accept both projects since both of their PIs are greater than $1$

Neither project is acceptable

You should only accept project B since it has the higher NPV

You should accept both projects since both of their NPVs are positive