You've estimated the following cash flows (in $) for two projects:

Year	Project A	Project B
0	-5,500	-8,250
1	1,325	1,325
2	2,148	2,148
3	4,126	7,891

The required return for both projects is 8%.

Part 1: What is the NPV for project A?

Part 2: What is the NPV for project B?