inv A inv B Land Fixed capital inv(spentl year prior to st.) Working capital inv Salvage value Service life Total income Total product cost except depr 10,000 90,000 10,000 10,000 5 years 120,000 80,000 10,000 120,000 15,000 15,000 5 years 160,000 100,000 1) Assume the annual income and the annual costs are constant and occur at the end of each year during the service life of invested. The investment for and old all equipment (FCI) was made 1 year prior to start up. Straight line deprecation method is used for both investments. Income tax rate is 35%. The minimum acceptable return is 12% from any investment. Assume no inflation, and the value of land remains unchanged after5 years A) Determine the net present worth of for investmentA, (assume the cash flow forthe income the total product costs and interest compounding are discrete, occurring at the end of each year) B) Calculate the cumulative at position at the end of 5 years for investment B (neglect time value of Moneyfort his calculate)