Annual cash inflows that will arise from two competing investment projects are given below: Year Investment A Investment B 1 $ 3,000 $ 6,000 2 4,000 5,000 3 5,000 4,000 4 6,000 3,000 $ 18,000 $18,000 AN The discount rate is 11%. Click here to view Exhibit 148-1 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. Present Value of Cash Flows Investment A Investment B Year 1 2 2 3 3 4