value: 1.50 points Perit Industries has $115,000 to invest. The company is trying to decide between two alternative uses of the funds. The alternatives are: $0 Project A Project B $115,000 Cost of equipment required Working capital investment $0 $115,000 required $21,000 $69,000 Annual cash inflows Salvage value of equipment in $8,700 $0 six years Life of the project 6 years 6 years The working capital needed for project B will be released at the end of six years for investment elsewhere. Perit Industries' discount rate is 15%. Click here to view Exhibit 11B-1 and Exhibit 11B-2, to determine the appropriate discount factor(s) using tables. Required: a. Calculate net present value for each project. Project A Project B Net present value b. Which investment alternative (if either) would you recommend that the company accept? Project B Project A