Use the NPV method to determine whether RootRoot Products should invest in the following projects:

	Project A costs $285,000 and offers eight annual net cash inflows of $63,000. Root Products requires an annual return of 14% on projects like A.
	Project B costs $375,000 and offers ten annual net cash inflows of $66,000. RootRoot Products demands an annual return of 10% on investments of this nature.

Requirement

What is the NPV of each project? What is the maximum acceptable price to pay for each project?

Calculate the NPV of each project. (Round your answers to the nearest whole dollar. Use parentheses or a minus sign for negative net present values.)