Scenario: Dwight Donovan, the president of Donovan Enterprises, is considering $2$ investment opportunities. Because of limited resources, he will be able to invest in only $1$ of them. Project A is to purchase a machine that will enable factory automation; the machine is expected to have a useful life of $4$ years and no salvage value. Project B supports a training program that will improve the skills of employees operating the current equipment. Initial cash expenditures for Project A are $$400,000$ and for Project B are $$160,000.$ The annual expected cash inflows are $$126,000$ for Project A and $$52,800$ for Project B$.$ Both investments are expected to provide cash flow benefits for the next $4$ years. Donovan Enterprises$$ desired rate of return is $8$ perent. your task as senior accountant is to use your knowledge of net present value and internal rate of return to identify the preferred method and best investment opportunity