Perit Industries has $135,000 to invest. The company is trying to decide between two alternative uses of the funds. The alternatives are: Cost of equipment required Working capital investment required Annual cash inflows Salvage value of equipment in six years$9,800 Life of the project Project A Project B $0 S0 $135,000 $25,000 $63,000 50 6 years 6 years $135,000 The working capital needed for project 8 will be released at the end of six years for investment elsewhere. Pent Industries discount rate is 17%. 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