Perit Industries has $115,000 to invest. The company is trying to decide between two alternative uses of the funds. The alternatives are: Project A Project B $115,000 Cost of equipment required $0 $0 $115,000 Working capital investment required $21,000 $69,000 $8,700 $0 Annual cash inflows Salvage value of equipment in six years Life of the project 6 years 6 years 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 11B-1 and Exhibit 11B-2 to determine the appropriate discount factor(s) using tables Required: a. Calculate net present value for each project. Project A Project B Net present value