Mockingjay Enterprises is currently evaluating two mutually exclusive projects that have the following net cash flows:

Project A: Year1: ($50,000) Year2: 3,000 year3: 3,000 year4: 3,000

Project B Year1: (10,000) Year2: 3,500 year3: 3,500 year4: 3,500 Year5: 3,500 year6: 3,500

Both projects have a cost of capital of 10 percent. Totally new equipment must be procured in 6 years, but Project A would be replicated if it were chosen. Which project should Mockingjay select and why? show calculations