Perit Industries has $220,000 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 Life of the project Project Project B $220,000 $ $220,000 $ 31,000 $ 53,000 $ 9,200 $ 6 years 6 years discount The working capital needed for project will be released at the end of six years for lovestment elsewhere. Perit Industries rate is 15%. Click here to view Exhibit 12B1 and Exhibit 128.2. to determine the appropriate discount factor(s) using tables Required: 1. Compute the net present value of Project A (Enter negative value with a minus sign. Round your final answer to the nearest whole dollar amount.) 2. Compute the net present value of Project B. (Enter negative value with a minus sign. Round your final answer to the nearest whole dollar amount.) 3. Which investment alternative (if either) would you recommend that the company accept? 1 2 Net present Value project A Not present value project B Which investment altorative of thor) would you recommend that the company accept? 3