Exercise $26-14($Static$)$ Net present value of an annuity LO P$3$

Information for two alternative projects involving machinery investments follows. Project $1$ requires an initial investment of $$135,000.$ Project $2$ requires an initial investment of $$98,000.$ Assume the company requires a $10\%$ rate of return on its investments. $($PV of $$1,FV$ of $$1,$ PVA of $$1,$ and FVA of $$1)$

Note: Use appropriate factor$($s$)$ from the tables provided.

$\backslash$table$[[\backslash$table$[[$Annual Amounts$],[$Sales of new product$]],\backslash$table$[[$Project $1],[$$$100\mathrm{.}000$