(Ignore income taxes in this problem.) Rushforth Manufacturing has $118,000 to invest in either Project A or Project B. The following data are available on these projects:

	Project A	Project B
Cost of equipment needed now	$118,000	$54,000
Working capital investment needed now		$64,000
Annual cash operating inflows	$50,000	$29,200
Salvage value of equipment in 6 years	$17,000

Both projects will have a useful life of 6 years. At the end of 6 years, the working capital investment will be released for use elsewhere. Rushforth's required rate of return is 12%. The net present value of Project B is: (Round final answer to the nearest whole dollar.) rev: 12_14_2012, 12_21_2012

	$66,041
	$14,160
	$34,477
	$2,041