You are considering two independent projects, project A and project B. The initial cash outlay associated with project A is $60,000, and the initial cash outlay associated with project B is $80,000 The required rate of return on both projects is 11 percent. The expected annual free cash inflows from each project are in the popup window.Calculate the IRR for each project and indicate if the project should be accepted What is the IRR of project A? % (Round to two decimal places ) What is the IRR of project B? J% (Round to two decimal places ) Based on the IRR criterion, project A should be because its IRR is than the expected rate of return and project B should be because its IRR is | than the expected rate of return. (Select from the drop-down menus )