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Information for two altemative projects involving machinery investments follows. Project 1 requires an initial investment of $129.500. Project 2 requires an initial investment of $95,400.

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Information for two altemative projects involving machinery investments follows. Project 1 requires an initial investment of $129.500. Project 2 requires an initial investment of $95,400. Assume the company requires a 10% rate of return on its investments. (PV of $1, FV of S1, PVA of \$1, and EVA of \$1) (Use appropriate foctor(s) from the tables provided.) Compute the net present value of each' potential investment. Use 7 years for Project 1 and 5 years for Project 2 (Negative net present values thould be indicated with a minus sign. Round your present value factor to 4 decimals. Round your answers to the nearest whole dollar.)

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