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Haas Trucking Company founded in 1985 provides safe and dependable freight services. Haas has $220,000 to invest in one of the two projects listed

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Haas Trucking Company founded in 1985 provides safe and dependable freight services. Haas has $220,000 to invest in one of the two projects listed below. Cost of equipment required Working capital Investment required Annual cash inflows Project A Project $220,000 $ $ . $220,000 $11,000 $ 53,000 Salvage value of equipment In six years $9,200 $ 0 6 years Life of the project 6 years The working capital needed for project B will be released at the end of six years for investment elsewhere. The company's discount rate is 15% Click here to view Exhibit 12B-1 and Exhibit 128-2. to determine the appropriate discount factor(s) using tables. Required: 1. Compute the net present value of Project A. (Enter negative value with a minus sign. Round your final answer to the nearest whole dollar amount.) 2. Compute the net present value of Project B. (Enter negative value with a minus sign. Round your final answer to the nearest whole dollar amount.) 3. Which investment alternative (if either) would you recommend that the company accept? 1. Net present value project A 2 Net present value project B 3. Which investment alternative (if either) would you recommend that the company accept? Project B

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