You are evaluating two projects. You may accept only one of them. Project one will cost $$379,000$ initially and will pay $$134,000$ each year for the next $5$ years. Project two will cost $$454,000$ initially, but will pay $$101,000$ for the next $10$ years. The firm's cost of capital is $15\%.$ Compute the NPV of each project. Which project has the highest NPV and by how much? Round your answers to the nearest dollar.Project $1$ has a higher NPV by $$37,636.$Project $2$ has a higher NPV by $$17,293.$Project $1$ has a higher NPV by $$17,293.$Project $2$ has a higher NPV by $$37,636.$