Perit Industries has $$110,000$ to invest. The company is trying to decide between two alternative uses of the funds. The alternatives

are:

The working capital needed for project B will be released at the end of six years for investment elsewhere. Perit Industries' discount

rate is $15\%.$

Click here to view Exhibit $12$B$-1$ and Exhibit $12$B$-2,$ to determine the appropriate discount factor$($s$)$ using tables.

Required:

Compute the net present value of Project A$.($Enter negative values with a minus sign. Round your final answer to the nearest

whole dollar amount.$)$

Compute the net present value of Project B$.($Enter negative values with a minus sign. Round your final answer to the nearest

whole dollar amount.$)$

Which investment alternative $($if either$)$ would you recommend that the company accept?