Project A requires an original investment of $48,500. The project will yield cash flows of $13,000 per year for seven years. Project B has a calculated net present value o $2,570 over a four year life. Project A could be sold at the end of four years for a price of $19,000. 0.893 3 0.712 Below is a table for the present value of $1 at Compound Interest. Year 6% 10% 12% 0.943 0.909 0.890 0.826 0.797 0.840 0.751 0.792 0.683 0.636 0.747 0.621 0.567 Below is a table for the present value of an annuity of $1 at compound interest. Year 10% 0.943 0.909 0.893 1.736 1.690 2.673 2.487 2.402 3.465 3.037 4.212 3 .791 3.605 (a) Using the present value tables above, determine the net present value of Project A over a four-year life with salvage value assuming a minimum rate of return of 12%. Round your answer to two decimal places. 12 1.833 3.170 (b) Which project provides the greatest net present value