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Lithium, Inc. is considering two mutually exclusive projects, A and B . Project A costs $ 9 5 , 0 0 0 and is expected

Lithium, Inc. is considering two mutually exclusive projects, A and B. Project A costs $95,000 and is expected to generate $65,000 in year one and $55,000 in year two. Project B costs $120,000 and is expected to generate $64,000 in year one, -$30,500 in year two, $56,000 in year three, and $70,000 in year four. The firm's required rate of return for these projects is 10%. The net present value for Project B is

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