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12:58 Sagar 2022-06-14, 6:11 PM QUESTION 7-Copal Budgeting Highland Construction is considering two long term capital investment projects fac investment has a useful fe

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12:58 Sagar 2022-06-14, 6:11 PM QUESTION 7-Copal Budgeting Highland Construction is considering two long term capital investment projects fac investment has a useful fe of 3 years Relevant data for each project follows Project A Project Capital Investment $25,000 $21.000 Annual Cash Flow $15.000 $13.000 Additional Information: . Depreciation is calculated by the straight-line method with no residual balva value. The company's cost of capital rate is 8% Refer to the Present Value Tables provided on page 11 Required 1: Compute the Net Present Value (NPV) for each project in the space provided. (Round to nearest dollar). (8 marks) All supporting calculations must be shown in the space provided for full marks Project A: Hect B: ed 2: Explain which project you would recommend and why. (2 mark

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