n 0 1 2 B $7,000 - 2,500 2,000 1,500 - 1,500 1,500 1,500 3 $5,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 4 5 6 7 8 Consider each of the after-tax cash flows shown in the table below. Suppose that projects B and C are mutually exclusive. Suppose also that the required service period is eight years and that the company is considering leasing comparable equipment with an annual lease expense of $3,000, payable at the end of each year for the remaining years of the required service period. Which project is a better choice at 15%? Click the icon to view the cash flows for the projects. Click the icon to view the interest factors for discrete compounding when i = 15% per year. The present worth of project B is $ thousand. (Round to one decimal place.)