Current Attempt in Progress

A company is considering two mutually exclusive projects, A and B $.$ Project A requires $$10800$ cash outlay and will generate after$-$tax cash flows of $$8900$ in year $1$ and $$5500$ in year $2.$ Project B requires $$7800$ cash outlay and will generate $$3900$ in year $1,$ $$4875$ in year $2,$ and $$4875$ in year $3.$ Using a $5\%$ discount rate, what are the equivalent annual NPV $($EANPV$)$ for project A and project $B$ respectively?

$$790$ and $$644$

$$1659$ and $$2131$

$$1433$ and $$1670$

$$1829$ and $$710$