Blossom Mills management is evaluating two alternative heating systems. Costs and projected energy savings are given in the following table. The firm uses 11.50 percent to discount such project cash flows.

Year		System 100		System 200
0		$1,645,900		$1,395,900
1		261,710		574,300
2		406,130		530,900
3		597,740		454,100
4		881,800		336,900

What is the NPV of the systems? (Enter negative amounts using negative sign, e.g. -45.25. Do not round discount factors and intermediate calculations. Round final answers to 0 decimal places, e.g. 5,275.)

NPV of system 100 is		$
NPV of system 200 is		$

Which system should be chosen?

Blossom should choose neither systemboth systemsSystem 200System 100