Bellinger Industries is considering two projects for inclusion in its capital budget, and you have been asked to do the analysis. Both projects' after-tax cash flows are shown on the time line below. Depreciation, salvage values, net operating working capital requirements, and tax effects are all included in these cash flows. Both projects have 4-year lives, and they have risk characteristics similar to the firm's average project. Bellinger's WACC is 8%.

	0		1		2		3		4
Project A	-1,160		680		385		190		240
Project B	-1,160		280		320		340		690

What is Project A's NPV? Round your answer to the nearest cent. Do not round your intermediate calculations. $

What is Project B's NPV? Round your answer to the nearest cent. Do not round your intermediate calculations. $

If the projects were independent, which project(s) would be accepted? -Select-NeitherProject AProject BBoth projects A and BCorrect 1 of Item 3 If the projects were mutually exclusive, which project(s) would be accepted? -Select-Neither Project AProject BBoth projects A and B