Wriston Company has $320,000 to invest. The company is trying to decide between two alternative uses of the funds. The alternatives are as follows: A $320,000 B $0 $320,000 Cost of equipment required Working capital investment required Annual cash inflows Salvage value of equipment in ten years Life of the project $82,000 $0 $89,000 $36,000 10 years $0 10 years The working capital needed for project B will be released for investment elsewhere at the end of ten years. Wriston Company uses a 18% discount rate. (Ignore income taxes.) Click here to view Exhibit 14B-1 and Exhibit 14B-2, to determine the appropriate discount factor(s) using tables. Required: a. Calculate net present value for each project. (Any cash outflows should be indicated by a minus sign. Round discount factor(s) to 3 decimal places.) Required: a. Calculate net present value for each project. (Any cash outflows should be indicated by a minus sign. Round discount factor(s) to 3 decimal places.) Item Year(s) Amount of Cash Flows 18% Factor Present Value of Cash Flows Project A: Now 1-10 10 Net present value Project B: Now 1-10 10 Net present value