Projects A and B have first costs of $5000 and $9000, respectively. Project A has net annual benefits of $2500 during each of its 5-year useful life, after which it can be replaced identically. Project B has net annual benefits of $3300 during each year of its 10-year life. Use Present Worth analysis, an interest rate of 30% per year, and a 10-year analysis period to determine which project to select. Please provide the present worth of the best alternative.

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