Project S requires an initial outlay at t $=0$ of $$14,000,$ and its expected cash flows would be $$7,000$ per year for $5$ years. Mutually exclusive Project L requires an initial outlay at t $=0$ of $$25,500,$ and its expected cash flows would be $$8,750$ per year for $5$ years. If both projects have a WACC of $12\%,$ which project would you recommend?