Mobil Company has hired a consultant to propose a way to increase the company's revenues. The consultant has evaluated two mutually exclusive projects with the following information provided for each project: Project Turtle Project Snake Capital investment $1, 105,000 $625,000 Annual cash flows 180,000 105,000 Estimated useful life 10 years 10 years P.V factor for annual cash flow 6.41766 P.V factor for a single amount 0, 42241 Mobil Company uses a discount rate of 9% to evaluate both projects