Perit Industries has $130,000 to invest. The company is trying to decide between two alternative uses of the funds. The alternatives are Project A Project B $130,000 $0 Cost of equipment required Working capital investment required $0 $130,000 $22,000 $33,000 Annual cash inflows salvage value of equipment in six years $0 $8,300 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 14%. 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 b. Which investment alternative (if either) would you recommend that the company accept? Project A Project B O