ABC Telecom has to choose between two mutually exclusive projects. If it chooses project $A,$ABC Telecom will have the opportunity to make a similar

investment in three years. However, if it chooses project B$,$ it will not have the opportunity to make a second investment. The following table lists the

cash flows for these projects. If the firm uses the replacement chain $($common life$)$ approach, what will be the difference between the net present

value $($NPV$)$ of project A and project B$,$ assuming that both projects have a weighted average cost of capital of $12\%?$

$$11,255$

$$8,754$

$$8,129$

$$12,506$

$$9,380$