Two projects each require a current expenditure of $10,000. Project A will generate income of $2,000 per year for the next 8 years. Project B is expected to return $7,000 at the end of year 1, $5,000 at the end of year 2, and $3,000 at the end of year 3. What is the NPV for each of the two projects if capital costs are 6% and which project should be selected?