2. The K&K Company has two alternative investment projects, A and B. A, short-lived project, will cost 1,50,000 initially and involve annual operating cash expenses of 40,000 for 4 years. B. on the other hand, will cost 2,00,000 and involve annual operating expenses of 25,000 for 7 years. Projects have no salvage value. The discount rate is 12 per cent. Which project do you recommend?