3. ACI is considering investing $10,000 in either of two projectsA or B. Project A have a project life of 5 years and project B have a project life of 6 years. At the end of year, 5 ACI estimates that project A can be sold to net $1,200 and at the end of year six project B can be sold to net $1,500. For project A, the cash flows over the five-year life of the project will be $2,000 in the first two years, $4,000 in the next two, and $5,000 in the last year. For project B, the cash flows over the six-year life of the project will be $2,500 in the first two years, $3,500 in the next two, and $4,000 in the last two years. ACI feels that although project A has an average risk, project B is considerably riskier. Therefore, their team decides that ACI should use a discount rate of 11% for project A and 2% additional discount rate for project B. What will be your recommendation for ACI? If they have to select just one project, which particular project should be selected? Show detailed calculation.