Use the NPV method to determine whether Salon Products should invest in the following projects: Project A costs $290,000 and offers seven annual net cash inflows of $64,000. Salon Products requires an annual return of 12% on projects like A. Project B costs $390,000 and offers ten annual net cash inflows of $74,000. Salon Products demands an annual return of 14% on investments of this nature. What is the NPV of each project? What is the maximum acceptable price to pay for each project? Please explain.