Sharp company has $15,000 to invest. The company is trying to decide between two alternative uses of the funds shown below. Sharp Company uses a 16% discount rate.

	Invest in A	Invest in B
Investment Required	$15,000	$15,000
Annual Cash inflows	$4,000	0
Single Cash inflow at the end of 10 years		$60,000
Life of the project	10 Years	10 Years

Required:

(Ignore income taxes) Which investment would you recommend that the company accept? Show all computations using net present value. Prepare separate computations for each investment.