Bundy Corporation has two projects under consideration that would use the same facilities and management team: Project Al and Project Peg. The cash flows are given as follows: Name Year 3 Year 4 Peg Initial Cost $10,000 $20,000 Year 1 $7,000 $8,000 Year 2 $6,000 $9,000 $10,000 $12,000 Bundy Corporation realizes that the shorter life of Project Al would be an advantage because it would enable the firm to begin another profitable project quicker than if Project Peg were accepted because Project Peg takes longer to finish. Both projects have a discount rate of 10%. Use the common ending point approach to determine which project should be accepted