8. Pine Industries has $100,000 to invest. The company is trying to decide between two (2) alternative uses of the funds. The alternatives are: Cost of equipment required Working capital investment required Annual cash inflows Salvage value of equipment in 6 years Life of the project Project (A) $100,000 $ 0 $ 21,000 $ 8,000 6 years Project (B) $ 0 $100,000 $ 18,000 $ 0 6 years The working capital needed for Project (B) will be released at the end or 6 years for investment elsewhere. Pine Industries' discount rate is 14%. Required: a) Compute the net present value of Project (A). b) Compute the net present value of Project (B). c) Which investment alternative (if either) would you recommend that the company accep