Perit Industries has $110,000 to invest. The company is trying to decide between two alternative uses of the funds. The alternatives are Project Project Cost of equipment required $110,000 5 Working capital investment required $ 5110,000 Annual cash inflows 520,000 $ 60,000 Salvage value of equipent in six year's Life of the project 6 years 6 years The working capital needed for project will be released at the end of six years for investment elsewhere. Perit Industries discount rate is 16% Click here to view Exhibit 123.1 and Exhibit 123.2. to determine the appropriate discount factor(s) using tables Required 1 Compute the net present value of Project A. (Enter negative value with a minus sign. Round your final answer to the nearest whole dollar amount) 2 Compute the net present value of Project B. (Enter negative value with a minus sign. Round your final answer to the nearest whole dollar amount.) 3. Which investment alternative of either) would you recommend that the company accept? 1 2 Net present value project A Net present value project Which investment alternative of the would you recommend that the company accept? 3