Visionary Inc. is examining two projects, A and B. Project A has a lower initial investment than project B and is expected to generate a steady stream of cash flows over its economic life. Bis expected to generate lower cash flows in earlier years and higher cash flows in later years relative to A Details regarding the initial investment projected at time and subsequent cash flows for the two projects are provided below Cash Flows, s Year Project A Project B - 10,000 - 15,000 1 6,000 3,000 6,000 5,000 6,000 7,000 6,000 8,000 2 3 4 Assume that the cost of capital for both projects is 10% b-1. Calculate the net present value of each project. (Do not round intermediate calculations. Round your answers to the nearest whole dollar.) NPVA NPVB b-2. Which project is preferable using this method? Based on the NPV approach, is preferred as it has the higher NPV