Consider the following cash flows on two mutually exclusive projects:

Year Project A Project B

$0$$ $53,000$$ $59,000$

$124,00027,000$

$222,00026,000$

$320,00025,000$

The cash flows of Project A are expressed in real terms, whereas those of Project B are expressed in nominal terms. The appropriate nominal discount rate is $11$ percent and the inflation rate is $3$ percent.

Calculate the NPV for each project. $($Do not round intermediate calculations and round your answers to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$