Wizard Inc. has to choose between two mutually exclusive projects. If it chooses project A$,$ Wizard Inc. will have the opportunity to make a similar investment in three years. However, if it chooses project B$,$ it will not have the opportunity to make a second investment. The following table lists the cash flows for these projects. If the firm uses the replacement chain $($common life$)$ approach, what will be the difference between the net present value $($NPV$)$ of project A and project B$,$ assuming that both projects have a weighted average cost of capital of $11\%?$

Cash Flow

Project A Project B

Year $0$: $$$$17,500$ Year $0$: $$$$40,000$

Year $1$: $10,000$ Year $1$: $8,000$

Year $2$: $16,000$ Year $2$: $15,000$

Year $3$: $15,000$ Year $3$: $14,000$

Year $4$: $13,000$

Year $5$: $12,000$

Year $6$: $11,000$Wizard Inc. is considering a five$-$year project that has a weighted average cost of capital of $13\%$ and a NPV of $$30,450.$ Wizard Inc. can replicate this project indefinitely. What is the equivalent annual annuity $($EAA$)$ for this project?