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 Investment Year A B 1 2 3 $8,000 8,000 8,000 $ 0 0 24,000 The present value factors of $1 each year at 15% are: 2 0.8696 0.7561 0.6575 3 The present value of an annuity of $1 for 3 years at 15% is 2.2832. The net present value of Investment A is