Consider the following cash inflows and outflows related to project A and project B.

CASH INFLOWS AND OUTFLOWS (IN $ 1,000) Project A Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Benefits $60 $40 $55 $40 $40 $60 Costs $120 $20 $30 $20 $15 $25 Project B Year 1 Year 2 Year 3 Year 5 Year 6 Benefits $65 $90 $44 $40 $20 $20 Costs $137 $45 $22 $20 $8 $7