A company is considering the following three alternative investment projects with different net cash flows. If the company can only accept one project, it should choose Project A on the basis of net present value.

$\backslash$table$[[\backslash$table$[[$Present value of net cash flows $($excluding initial$],[$investment$)]],\backslash$table$[[$Project AProject BProject$],[$$$32,496$$$35,628$$$29,610$