A company has a choice between two mutually exclusive projects, A and B. Project A lasts for eleven years and Project B lasts for only seven years. The table below contains information about the projects: Project A Project B Initial Cost (t = 0) $90,000 $50,000 Maintenance Costs (annual) 3,000 8,000 Benefits (annual) 20,000 22,000 Salvage Value 12,000 9,000 Useful Life 11 Years 7 Years The company's Minimum Acceptable Rate of Return (MARR), also known as its cost of capital, is 12%. Required: (Ignore income taxes)