21. Net Present Value Calculations. Mason, Inc., has two independent investment opportunities, each requiring an initial investment of $66,000. The company's required rate of return is 8 percent. The cash inows for each investment are provided as follows. Required: a. Without resorting to calculations, which investment will have the highest net present value? Explain. b. Calculate the net present value for each investment (remember to include the initial investment cash outow in your calculation). Should the company invest in either investment? Round t0 the nearest dollar