Rollerblade, a maker of skating gear, is evaluating two alternative presses. Press A costs $

$88$

$,$

$000$

$,$

$$has a

$4$

$-$

year life, and is expected to generate annual cash inflows of $

$30$

$,$

$100$

$$in each of the

$4$

$$years$.$ Press B costs $

$120$

$,$

$000$

$,$

$$has an

$8$

$-$

year life, and is expected to generate annual cash inflows of $

$24$

$,$

$800$

$$in each of

$8$

$$years$.$ The cost of replacement for Press A is $

$94$

$,$

$000$

$,$

$$and the replacement press will generate cash inflows of $

$30$

$,$

$100$

$$for another

$4$

$$years$.$ Rollerblade uses a

$11$

$\%$

$$cost of capital. Which press should be chosen? What is the NPV for each alternative?