Compute the present value of the cash inflows for each investment. Each investment opportunity will require the same initial investment. (Round discount factor(s) to 3 decimal places.)

Annual cash inflows that will arise from two competing investment projects are given below: Year Investment A Investment B $ 5,000 6,000 7,000 8,000 $ 26,000 $ 8,000 7,000 6,000 5,000 $ 26,000 2 3 4 The discount rate is 9% Click here to view Exhibit 13B-1 and Exhibit 13B-2, to determine the appropriate discount factor(s) using tables. Required: Compute the present value of the cash inflows for each investment. Each investment opportunity will require the same initial investment. (Round discount factor(s) to3 decimal places.) Present Value of Cash Flows Year Investment A Investment B 2 4