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1 2 points Perit Industries has $100,000 to invest. The company is trying to decide between two alternative uses of the funds. The alternatives are:

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1 2 points Perit Industries has $100,000 to invest. The company is trying to decide between two alternative uses of the funds. The alternatives are: Project A Project B Cost of equipment required $100,000 $0 Working capital investment required $0 $100,000 Annual cash inflows $21,000 $15,750 Salvage value of equipment in six $8,000 $0 years Life of the project 6 years eBook 6 years Print References The working capital needed for project B will be released at the end of six years for investment elsewhere. Perit Industries' discount rate is 14% (Ignore income taxes) Required: (c)Using Excel, calculate net present value for each project. (Negative amount should be indicated by a minus sign. Round your answer to the nearest dollar amount Omit the "S" sign in your response.) Net present value Project A Project B (b)Which investment alternative (If either) would you recommend that the company accept? Project B

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