Use the NPV method to determine whether Salon Products should invest in the following projects: Project A costs $285,000 and offers eight annual net cash inflows of $60,000. Salon Products requires an annual return of 16% on projects like A Project B costs $395,000 and offers nine annual net cash inflows of $74,000. Salon Products demands an annual return of 10% on investments of this nature. (Click the icon to view the present value annuity table.) (Click the icon to view the present value table.) (Click the icon to view the future value annuity table.) (Click the icon to view the future value table.) 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.) The NPV of Project A is $ Reference Reference Periods Present Value of Annuity of $1 Periods 1% 2% 3% 4% 5% 6% 10% 12% 14% 16% 18% 20% 0.990 0.980 0.971 0.962 0.952 0.943 0.926 0.9090.893 0.877 0.862 0.847 0.833 1.970 1.942 1.913 1 886 1.859 1.833 1.783 1.736 1.690 1.647 1.605 1.566 1.528 2.9412.884 2.829 2.775 2.723 2.673 2577 2487 240223222246 2.174 2106 3.902 3.808 3.717 3.630 3.546 3.465 3312 3.170 3.037 2.914 2.798 2.690 2589 4.853 4.713 4.580 4.452 4.329 4.212 3.993 3.791 3.605 3.433 3.274 3.127 2.991 5.795 5.601 5.417 5.2425.076 4.917 4.623 4.355 4.111 3.8893.685 3.498 3.326 6.728 6.47262306.002 5.786 5582 5 206 4.868 4.564 4.288 4.039 3.812 3.605 7.652 7.325 7.020 6.733 6.463 6.210 5.747 5335 4.9684.639 4.344 4.078 3.837 8.566 8.1627.786 7.435 7.108 6.8026.247 5.759 532849464.607 4.303 4.031 9.471 8.983 8.530 8.111 7.722 7.360 6.710 6.145 5.650 5216 4.833 4.494 4.192 10.368 9.7879.2538.760 8.306 7.887 7.139 6.495 5.938 5.4535.029 4.656 4.327 11.255 10.575 9.954 9.385 8.863 8.384 7.536 6.814 6.194 5.660 5.197 4793 4.439 12.134 11.348 10.635 9.986 9.394 8.853 7.904 7.103 6.424 5.842 5.3424.910 4.533 13.004 12.106 11.296 10.563 9.899 9.295 8.244 7.3676.628 6.0025.468 5.008 4611 13.865 12.849 11.938 11.118 10.380 9.7128.559 7.606 6.811 6.142 5.575 5.092 4.675 18.046 16.351 14.877 13.590 12.462 11.470 9.818 8.5147.4696.623 5.9295.353 4.870 22.023 1952317.413 15.622 14.094 12.783 10.675 9.077 7.8436.8736.097 5.467 4948 25.808 22.396 19.600 17.292 15.372 13.765 11.258 9.4278.055 7.003 6.1775517 4.979 32.835 27.355 23.115 19.793 17.159 15.046 11.925 9.779 8.244 7.105 6.233 5.548 4.997 8862 GROS OCOWN. 8888 GROS OCOWN- Present Value of $1 1% 2% 3% 4% 5% 6% 8% 10% 12% 14% 16% 18% 20% 0.990 0.980 0.971 0.962 0.952 0.943 0.926 0.909 0.893 0.877 0.862 0.8470.833 0.980 0.961 0.943 0.925 0.9070.890 0.8570.826 0.797 0.769 0.743 0.718 0.694 0.971 0.942 0.915 0.889 0.864 0.840 0.794 0.751 0.712 0.675 0.641 0.609 0.579 0.961 0.924 0.888 0.855 0.823 0.792 0.735 0.683 0.636 0.592 0.552 0.516 0.482 0.951 0.906 0.863 0.822 0.784 0.747 0.681 0.621 0.567 0.519 0.476 0.437 0.402 0.942 0.888 0.837 0.790 0.746 0.705 0.630 0.564 0.507 0.456 0.410 0.370 0.335 0.933 0.871 0.813 0.7600.7110.665 0.583 0.513 0.4520.400 0.354 0.314 0.279 0.923 0.853 0.789 0.731 0.677 0.627 0.540 0.46704040.3510.305 0.266 0.233 0.914 0.837 0.766 0.703 0.645 0.592 0.500 0.424 0.361 0.308 0.263 0225 0.194 0.905 0.820 0.744 0.676 0.614 0.558 0.463 0.386 0.322 0.270 0.227 0.191 0.162 0.896 0.8040.722 0.650 0.585 0.527 0.429 0.350 0.287 0.237 0.1950.162 0.135 0.887 0.788 0.701 0.625 0.557 0.497 0.397 0.319 0.257 0.208 0.168 0.137 0.112 0.879 0.773 0.681 0.601 0.530 0.4690.368 0.290 0.229 0.1820.145 0.116 0.093 0.870 0.758 0.661 0.577 0.505 04420340 0263 0.205 0.160 0.125 0.099 0.078 0.861 0.743 0.642 0.555 0.4810417 0.315 0.239 0.183 0.1400.108 0.084 0.065 0.820 0.673 0.554 0.456 0.377 0.312 0.215 0.149 0.104 0.073 0.051 0.037 0.026 0.780 0.610 0.478 0.375 0295 02330.146 0.092 0.0590038 0.024 0.0160.010 0.742 0.552 0.412 0.308 0.231 0.1740.099 0.057 0.033 0.0200.012 0.007 0.004 0.672 0.453 0.307 0.208 0.142 0.097 0.046 0.022 0.0110.005 0.003 0.001 0.001 Print Done Print Done