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Dixie Dynamite Company is evaluating two methods of blowing upold buildings for commercial purposes over the next five years.Method one (implosion) is relatively low in risk for this businessand will carry a 12 percent discount rate. Method two (explosion)is less expensive to perform but more dangerous and will call for ahigher discount rate of 17 percent. Either method will require aninitial capital outlay of $85,000. The inflows from projectedbusiness over the next five years are shown next. YearsMethod 1Method 21$30,000$20,200230,20022,100339,30037,100436,30029,000525,70077,100 Use Appendix B for an approximate answer but calculate your finalanswers using the formula and financial calculator methods.a. Calculate net present value for Method 1 andMethod 2.(Do not round intermediate calculations and roundyour answers to 2 decimal places.) method 1 Net present Value _____________Method 2 Net present Value ________________