Phoenix Company is considering investments in projects C $1$ and C $2.$ Both require an initial investment of $$246,000$ and would yield the following annual net cash flows. $($PV of $$1,$ FV of $$1,$ PVA of $$1,$ and FVA of $$1)$ Note: Use appropriate factor$($s$)$ from the tables provided.

$\backslash$table$[[$Net cash flows,Project C$1,$Project C$2],[$Year $1,$$$18,000,$$$102,000$