Net present value$-$unequal lives

Project $1$ requires an original investment of $$375,000.$ The project will yield cash flows of $$90,000$ per year for $8$ years. Project $2$ has a computed net present value of $$50,000$ over a $6-$year life. Project $1$ could be sold at the end of $6$ years for a price of $$40,000.$

Use the Present Value of $$1$ at Compound Interest and the Present Value of an Annuity of $$1$ at Compound Interest tables shown below.

$\backslash$table$[[$Present Value of $$1$ at Compound Interest$],[$Year$,6\%,10\%,12\%,15\%,20\%$