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Use the following information for questions 2 through 7. Stephens, Inc. is considering investing in one of two mutually exclusive 4-year projects. Project A requires

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Use the following information for questions 2 through 7. Stephens, Inc. is considering investing in one of two mutually exclusive 4-year projects. Project A requires equipment with a cost of $140,000 and increases net income by $5,000, $10,000, $20,000 and $30,000 in years 1-4, respectively. Project B requires equipment with a cost of $200,000 and increases cash flow by $70,000 per year in years 1-4. Both projects have a 4-year life and the equipment will be depreciated using straight-line depreciation. What is the NPV of project A at a discount rate of 10% (round to the nearest dollar)? Select one: O a. $-91,673 b. $ 0 c. $ 19,272 O d. $ 2,136 e. None of the above

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