Arya Co$.$ is considering the following two independent projects. The cash flows for Project A are expressed in nominal terms, while Project B$\text{'}$s are expressed in real terms. The appropriate nominal discount rate is $11\%,$ and the inflation rate is $5\%.$ Using the exact Fisher equation, calculate net present value for Project A$.($Round to $2$ decimals$)$ Using the exact Fisher equation, calculate net present value for Project B$.($Round to $2$ decimals$)$

Year Project A Project B

$0-160,000-109,000$

$160,00040,000$

$260,00040,000$

$360,00040,000$

$460,00040,000$

$560,00040,000$