J Mart is considering purchasing a new inventory control system featuring state-of-the-art technology. Two vendors have submitted proposals to supply J Mart with the new system. The system offered by Vendor A requires an initial outlay of $400,000 and has a useful life of 8 years. The expected cash inflows from the system are $65,000 for each of the 8 years. Vendor B has proposed to sell J Mart a system that will require an initial outlay of $300,000 and has an 8-year life. Vendor Bs system is expected to provide cash inflows to J Mart of $75,000 per year for the 8 years. d. Calculate the net present value (NPV) of each system if J Marts required rate of return is 11%. What is the NPV for Vendor A? Show answer to 2-decimal points