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Perit Industries has $ 1 3 0 , 0 0 0 to invest. The company is trying to decide between two alternative uses of the

Perit Industries has $130,000 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 17%.
Click here to view Exhibit 12B-1 and Exhibit 12B-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?
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