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A process A costs $ 11583 to implement, has a residual value of $ 1578 and a lifetime of 5 years. Process B has an

A process A costs $ 11583 to implement, has a residual value of $ 1578 and a lifetime of 5 years. Process B has an initial cost of $20000, a residual value of $8000 and a useful life of 10 years. If you are going to use present value analysis to compare the 2 processes and choose the best one, how much would the present value of process A result from? Use an interest rate of 10%. (remember to replace the alternative, if necessary)

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