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 $15.600 and will produce cash flows as follows End of Investment Year 1 2 3 $8,600 8,600 $ 0 25,800 The present value factors of teach year at 15% are 1 2 3 0.8696 0.7561 0.6575 The present value of an annuity of 1 for 3 years at 15% is 22832 The net present value of Investment is