IMF Industries has $ 265,000 to invest. The company is trying to decide between two alternative uses of the funds. The alternatives follows Project A Project B Cost of equipment required $265,000 Working capital investment required $265,000 Annual Cash inflow $55,650 $ 42,400 Residue value of equipment in 6 years $21,200 Life of the project 8 Years 8 Years The working capital needed for project B will be released at the end of eight years for investment elsewhere. The interest rate is 15%. Which investment option would you suggest? (Please show me the detailed calculation with formula)