Annual cash inflows that will arise from two competing investment projects are given below: Year 1 2 234 Investment A $ 8,000 Investment B $ 11,000 10,000 9,000 8,000 9,000 10,000 11,000 $ 38,000 $ 38,000 The discount rate is 13%. Click here to view Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using tables. Required: Compute the present value of the cash inflows for each investment. Present Value of Year Cash Flows for Investment A Present Value of Cash Flows for Investment B 1 $ 2 7,079 7,049 3 4 $ 14,128 $ 0