Perrot Industries has $370,000 to invest. The company is trying to decide between two alternative uses of the funds. The alternatives follow: Project A B Cost of equipment required $ 325,000 Working capital investment required $ 325,000 Annual cash inflows 72,450 61,900 Salvage value of equipment in six years 24,200 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. Perrot Industries discount rate is 10%. Click here to view Exhibit 10-1 and Exhibit 10-2, to determine the appropriate discount factor(s) using tables. Required: 1-a. Calculate net present value for each project. (Negative amount should be indicated with a minus sign. Round discount factor(s) to 3 decimal places. Round other intermediate calculations and final answers to the nearest whole number.) 1-b. Which investment alternative (if either) would you recommend that the company accept? multiple choice Project A Project B