Perit Industries has $190,000 to invest. The company is trying to decide between two alternative uses of the funds. The alternatives are: Project A Project B Cost of equipment required $190,000 $0 Working capital investment required $0 $190,000 Annual cash inflows $28,000 $48,000 Salvage value of equipment in six years $8,900 $0 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%. (discount factors: .87, .756, .658, .572, .497, .432 and .87, 1.626, 2.283, 2.855, 3.352, 3.784). Calculate net present value for each project.