Annual cash inflows that will arise from two competing investment projects are given below: Year 1 2 3 4 Investment A $ 7,000 8,000 9,000 10,000 $ 34,000 Investment B $ 10,000 9,000 8,000 7,000 $ 34,000 The discount rate is 5%. 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 Present Value of Cash Flows Investment A Investment B Year 1 2 3 4 $ 0 $ 0 Fraser Company will need a new warehouse in three years. The warehouse will cost $360,000 to build Click here to view Exhibit 148-1 and Exhibit 148 2. to determine the appropriate discount factor(s) using tables. Required: What lump-sum amount should the company invest now to have the $360,000 available at the end of the three-year period? Assume that the company can invest money at: (Round your final answer to the nearest whole dollar amount.) Present Value 1. Six percent 2. Ten percent