D You are considering two projects, Project A and Project B, needed for a required service. Although Project A's life is longer than Project B's life either project would be repeated into the foreseeable future to meet the required service. The expected cash flows are as below. Cost of capital is 10%. Expected Net Cash Flows Year Project A Project B 0 $(100,000) $(100,000) 1 60,000 33,500 2 60,000 33,500 3 33,500 4 33,500 1. What is the Equivalent Annual Annuity for Project A? 2. What is the Equivalent Annual Annuity for Project B? 3. Which project is preferred