Annual cash inflows from two competing investment projects are given below: Year 1 Investment A $ 7,000 Investment B $ 10,000 8,000 9,000 9,000 10,000 8,000 7,000 $ 34,000 $ 34,000 The discount rate is 13%. Click here to view Exhibit 14B-1 and Exhibit 14B-2, to determine the appropriate discount factor(s) using tables. Required: Compute the present value of the cash inflows for each investment. 1234 Present Value of Cash Flows Year Investment A Investment B 1 23 4