Annual cash inflows that will arise from two competing investment projects are given below: Year HM + Investment A $ 8,000 9,000 10,000 11,000 $ 38,000 Investment B $ 11,000 10,000 9,000 8,000 $ 38,000 The discount rate is 8%. 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. Each investment opportunity will require the same initial investment. Present Value of Cash Flows Investment A Investment B Year $ 0 $ 0