A business is comparing Project A and Project B, two unrelated projects. Project A involves spending 240,000 on a new machine that will generate increased cash flow by 60,000 every year for the following five years. Project B entails spending 350,000 on a new machine that will improve the next two years' cash flow will be 50,000 each, and the following three will be 100,000 for each of the next four years. The devices will be disposed of for 10,000 for each project (not included in the at the conclusion of the project (cashflows above). Calculate the NPV for each project using a discount rate of 8%