Annual cash inflows that will arise from two competing investment projects are given below: Investment B Year 1 2 3 Investment A $ 4,000 $ 7,000 5,000 6,000 6,000 5,000 7,000 4,000 $ 22,000 $ 22,000 The discount rate is 12%. 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.