Undemood Corporation is looking to invest in Project A or Project B. The data surrounding each project is provided below. Underwood's cost of capital is 10%. EjectA This project requires an initial investment of $1?0,000. The project will have a life of 3 years. Annual revenues associated with the project will be $130,000 and expenses associated with the project will be $35,000. Eject B This project requires an initial investment of $140,000. The project will have a life of 5 years. Annual revenues associated with the project will be $107,000 and expenses associated with the project will be $60,000. Calculate the net present value and the present var'ue Index for each project using the present value tables provided below. i Present Value of $1 (a single sum) at Compound Interest. Present Value of an Annuity of $1 at Compound Interest. Note: - Use a minus sign to indicate a negative NPV. - If an amount is zero, enter '0'. - Enter the present value index to 2 decimals. Project A Project B Amount to be invested 1?0,000 140 00 9: E Total present value of net cash ow Net present value Present value index: U DID Project A Project B Based upon net present value, which project has the more favorable prot prospects? Project A v Based upon the present value index, which project is ranked higher? ProjectA v