Very Good Building Co. has the following investment options:

	Project A	Project B
Investment	$ 450,000	$ 310,000
Useful life (years)	8	8
Estimated annual net cash inflows for useful life	$ 81,000	$ 72,000
Residual value	$ 30,000	$ 10,000
Depreciation method	Straightline	Straightline
Required rate of return	12%	18%

Based on NPV, which project should the company pursue?

Group of answer choices

Project B should be pursued

Project A should be pursued

Both projects should be pursued

Neither project should be pursued