A company has two potential Products to bring to the market. You estimate that First one will cost $55,608 up front to set up, whereas Second one will cost $48,767 up front. The expected cash flows from those two boot designs over the life of the boots can be found in the table below. Both projects have similar risks to current projects at the company therefore the appropriate discount rate for both projects should be our current WACC of 8.49%. Calculate the net present value of both projects, and enter in the box below, that is how much will the firms value increase if they are independant projects. (please enter the amount to the nearest penny). First one Second one Year 1 $18,402 $20,708 Year 2 $17,068 $15,154 Year 3 $12,947 $11,374 Year 4 $12,351 $8,504 Year 5 $10,774 $5,195