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 $15,800 and will produce cash flows as follows: End of Year 1 2. 3 Investment A B $8,800 $ 0 8,800 0 8,800 26,400 The present value factors of $1 each 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 2.2832 The net present value of Investment B is: (Round intermediate answer to the nearest whole dollar.) Multiple Choice $17,358. $6,970. $(10,600). $43,666. $1,558