Answer:
a) 0.74m/s^2
b) going down
c) 21N
Step-by-step explanation:
To have a better understanding of this problem is necessary to draw a free body diagram.
Analysing the m1 box:

and for m2:


the acceleration is negative because we assume is going downward
because the tension is the same we can substitude one formula into the other.


because the acceleration is positive the assumption was right.
The m1 block is going up and the m2 block is going down.
if we take a look of the m2 box:
