Globo$-$Dharma Co$.$ has to choose between two mutually exclusive projects. If it chooses project A$,$ Globo$-$Dharma Co$.$ will have the opportunity to make a similar investment in three years. However, if it chooses project B$,$ it will not have the opportunity to make a second investment. The following table lists the cash flows for these projects. If the firm uses the replacement chain $($common life$)$ approach, what will be the difference between the net present value $($NPV$)$ of project A and project B$,$ assuming that both projects have a weighted average cost of capital of $14\%?$

a$)$ $$14,601$

b$)$ $$12,515$

c$)$ $$20,858$

d$)$ $$22,944$

e$)$ $$15,644$

Globo$-$Dharma Co$.$ is considering $\backslash$table$[[$Cash Flow$],[$Project A$,,$Project B$,],[$Year $0$:$,-$$$20,000,$Year $0$:$,-$$$40,000],[$Year $1$:$,11,000,$Year $1$:$,9,000],[$Year $2$:$,17,000,$Year $2$:$,13,000],[$Year $3$:$,16,000,$Year $3$:$,12,000],[,,$Year $4$:$,11,000],[,,$Year $5$:$,10,000],[,,$Year $6$:$,9,000]]$a five$-$year project that has a weighted average cost of capital of $12\%$ and a NPV of $$56,489.$ Globo$-$Dharma Co$.$ can replicate this project indefinitely. What is the equivalent annual annuity $($EAA$)$ for this project?

a$)$ $$15,671$

b$)$ $$16,455$

c$)$ $$14,887$

d$)$ $$13,320$

e$)$ $$19,589$