Darling Corp. is looking to invest in Project A or Project B. The data surrounding each project is provided below. Darling's cost of capital is 10%.

Project A

This project requires an initial investment of $167,500. The project will have a life of 3 years. Annual revenues associated with the project will be $130,000andexpenses associated with the project will be $35,000.

1. Total present value of net cash flow=-------------
2. Amount to be invested=$167,500
3. Net present value=--------------

Project B

This project requires an initial investment of $130,000. The project will have a life of 5 years. Annual revenues associated with the project will be $115,000andexpenses associated with the project will be $60,000.

1. Total present value of net cash flow=-------------
2. Amount to be invested=$130,000
3. Net present value=--------------