Quantitative Problem: Bellinger Industries is considering two projects for inclusion in its capital budget, and you have been asked to do the analysis. Both projects' after-tax cash flows are shown on the time line below. Depreciation, salvage values, net operating working capital requirements, and tax effects are all included in these cash flows. Both projects have 4-year lives, and they have risk characteristics similar to the firm's average project. Bellinger's WACC is 9%. 0 1 2 3 4 Project A -1,180 620 335 240 290 Project B -1,180 220 270 390 740

What is Project A's NPV? Do not round intermediate calculations. Round your answer to the nearest cent.

$ _______

What is Project B's NPV? Do not round intermediate calculations. Round your answer to the nearest cent.

$ _______