Perrot Industries has $265,000 to invest. The company is trying to decide between two alternative uses of the funds. The alternatives follows: Cost of equipment required Working capital investment required Annual cash inflows Residue value of equipment in six years Life of the project Project A Project B $265,000 $265,000 55,650 42,400 21,200 6 years 6 years The working capital needed for project B will be released at the end of six years for investment elsewhere. Perrot Industries' discout rate is 14%. Required: Which investment option would you recommend that the company accept? Please show separate calculations for each project using the NPV method.