A firm with a $14\%$ WACC is evaluating two projects for this year's capital budget. After$-$tax cash flows, including depreciation, are as follows:

$\backslash$table$[[,0,1,2,3,4,5],[,,,,,,],[$Project M$,-$$$6,000,$$$2,000,$$$2,000,$$$2,000,$$$2,000,$$$2,000$