ebook Crockett Graphic Designs Inc. is considering twa mutually exclusive projects. Both projects require an initial after tax investment of $12,000 and are typical average-risk projects for the firm. Project A has an expected life of 2 years with after tax cash inflows of $7,000 and $8,000 at the end of Years 1 and 2, respectively. Project has an expected life of 4 years with after-tax cash inflows of 16,000 at the end of each of the next 4 years. The firm' WACC is 10% . If the projects cannot be repeated, which project should be selected ir Crockett uses NPV as its criterion for project selection? Project Select should be selected b. Assume that the projects can be repeated and that there are no anticoated changes in the cash flows. Use the replacement chan analysis to determine the Novot the project selected. Do not round intermediate calculations. Round your answer to the nearest ont Since Project's extended NPV e should be selected over Project Lety with an NPV - C. Make the same assumptions as in part b. Using the equivalent annual annuity (EAA) method, what is the of the project selected Project Seled should be selected Grade It Now Save & Continue Continue without saving