Sutherland Industries is looking to invest in Project A or Project B. The data surrounding each project is provided below. Sutherland's cost of capital is 8%. mom Him This project requires an initial investment of This project requires an initial investment of $165,000. The project will have a life of 8 $135,000. The project will have a life of I" years. Annual revenues associated with the years. Annual revenues associated with the project will be $130,000 and expenses project will be $111,000 and expenses associated with the project will be $35,000. associated with the project will be $60,000. Calculate the net present value and the present value index for each project using the present value tables provided below. Present Value of $1 {a single sum) at Compound Interest. Present Value of an Annuity of $1 at Compound Interest.