Perit Industries has $155,000 to invest. The company is trying to decide between two alternative uses of the funds. The alternatives are: Project A 155,000 Project B $ Cost of equipment required Working capital investment required Annual cash inflows Salvage value of equipment in six years Life of the project $ $ $ $ 155.000 40,000 25,000 8,600 6 years 9 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 8B-1 and Exhibit 8B-2, to determine the appropriate discount factor(s) using tables Required: a. Calculate net present value for each project. Project B Project A $ (5,623,758) Net present value b. Which investment alternative (if either) would you recommend that the company accept? O Project A Project B