Lambert Manufacturing has $100,000 to invest in either Project A or Project B. The following data are available on these projects (Ignore income taxes.): Project A Project B $100,000 $60,000 Cost of equipment needed now Working capital investment needed now Annual cash operating inflows Salvage value of equipment in 6 years $40,000 40,000 $35,000 10,000 Click here to view Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using the tables provided Both projects will have a useful life of 6 years and the total cost approach to net present value analysis. At the end of 6 years, the working capital investment will be released for use elsewhere. Lambert's required rate of return is 14%. The net present value of Project B is: Multiple Choice $90,355 $76,115 $36,115 $54,355