Crockett Grophic Designs Inc, is considering two mutually exclusive projects: Both projects require an initial after-tax investment of $12, ooo and are fypical average-risk projects for the firm Project A has an expected life of 2 years with after-tax cash inflows of $7,000 and $10,000 at the end of Yoars 1 and 2 , respectively. Project 8 has an evpected life of 4 veas with after tax co inhows of $6,000 at the end of each of the next 4 years. The firm's wACC is 10\%, a. If the projects cannot be repested, which project should be selected if Crockett uses NFV as its criterion for project selection? Project should be selected. D. Assume that the projects can be repeated and that there are no anticipated changes in the cash foons. Use the replacement chain analysis to determine the NPV of the broject selected. De not round intermediate caiculations, Round your answer to the nearest cent. Since Project s extended NPV = s , it should be selected over Froject with an NPV=s C. Make the same assumptions as in part b. Using the equivalent annual annuity (EAA) method, what is the EAA of the project selected? Project sheuld be selected