Alfarsi Industries uses the net present value method to make investment decisions and requires a $15\%$ annual return on all investments. The company is considering two different investments. Each require an initial investment of $$15,000$ and will produce cash flows as follows:

End of Year Investment

A B

$1$ $ $8,000$ $ $0$

$28,0000$

$38,00024,000$

The present value factors of $$1$ each year at $15\%$ are:

$10\mathrm{.}8696$

$20\mathrm{.}7561$

$30\mathrm{.}6575$

The present value of an annuity of $$1$ for $3$ years at $15\%$ is $2\mathrm{.}2832.$ The net present value $($rounded to the nearest whole dollar$)$ of Investment A is:

Multiple Choice