Use the NPV method to determine whether Juda Products should invest in the following projects: Project A: Costs $270,000 and offers eight annual net cash inflows of $56,000. Juda Products requires an annual return of 14% on investments of this nature. Project B: Costs $385,000 and offers 9 annual net cash inflows of $74,000. Juda Products demands an annual return of 12% on investments of this nature. (Click the icon to view Present Value of $1 table.) (Click the icon to view Present Value of Ordinary Annuity of $1 table.) O Read the requirements. Requirement 1. What is the NPV of each project? Assume neither project has a residual value. Round to two decimal places. (Enter any factor amounts to three decimal places, X.XXX. Use parentheses or a minus sign for a negative net present value.) Caclulate the NPV (net present value) of each project. Begin by calculating the NPV of Project A. Project A: Net Cash Present Annuity PV Factor (i=14%, n=8) Years Inflow Value 1-8 Present value of annuity 0 Investment Net present value of Project A