Annual cash inflows that will arise from two competing investment projects are given below: Year 1 2 3 4 Investment A $ 5,000 6,000 7,000 8,000 $ 26,000 Investment B $ 8,000 7,000 6,000 5,000 $ 26,000 The discount rate is 13%. Required: Compute the present value of the cash inflows for each investment. Answer is complete but not entirely correct. Present Present Value of Value of Year Cash Flows Cash Flows for for Investment A Investment B 1 $ 4,425S 7,080 2 10,619 X 12,389 3 18,584 x 15,929 4 28,319 17,699 $ 61,947 $ 53,097 3 4