You are considering two independent projects. The required return for both projects is 13 percent. Project A has an initial cost of $139,600 and cash inflows of $48,200, $54,600, and $68,700 for Years 1 to 3, respectively. Project B has an initial cost of $94,200 and cash inflows of $67,600 and $41,200 for Years 1 and 2, respectively. Given this information, which one of the following statements is correct based on the NPV and IRR methods of analysis?