Axis Corp. is considering an investment in the best of two mutually exclusive projects Project Kelvin involves an overhaul of the existing system, it will cost $15,000 and generate cash inflows of $15,000 per year for the next 3 years. Project Thompson involves replacement of the existing system; it will cost $315,000 and generate cash inflows of $70,000 per year for 6 years. Using a(n) 9.61% cost of capital, calculate each project's NPV, and make a recommendation based on your findings The NPV of project Kelvin is $ (Round to the nearest cent) edback