The UltimatePro Company is evaluating 2 projects with an expected life of 3 years and an investment outlay of RM 1,000,000. The estimated net cash inflows for each project are as follows:

	Project A	Project B
	RM	RM
Year 1	300,000	600,000
Year 2	1,000,000	600,000
Year 3	400,000	600,000

The opportunity cost of capital (required rate of return) for both projects is 10%.

Required:

A) Calculate the net present value for each project.

B) State which project should the company choose from the net present value in (a).