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 $70,000 and generate cash inflows of $30,000 per year for the next 3 years. Project Thompson involves the replacement of the existing system; it will cost $275, 000 and generate cash inflows of $61 comma 000 per year for 6 years. Using a(n) 11.14% cost of capital, calculate each project's NPV, and make a recommendation based on your findings.