4 Perit Industries has $165,000 to invest. The company is trying to decide between two alternative uses of the funds. The alternatives are Project A Project E $165,000 Cost of equipment required Working capital investment $165,000 required $21,000 $56,000 Annual cash inflows Salvage value of equipment in Life of the project $9,500 6 years six years 6 years The working capital needed for project B will be released at the end of six years for investment elsewhere. Pent Industries, discount rate is 14% Click here to view Exhibit 11B-1 and Exhibit 11B-2, to determine the appropriate discount factor(s) using tables Required: a. Calculate net present value for each project. Project A Project B Net present value b. Which investment alternative (if either) would you recommend that the company accept? Project B ProjectA