Exhibit 2.3B Example Comparing Two Projects Using NPV Year 1 Year 2 Year 3 Yearo Year 4 Year 5 Total 1598 Project A Discount Required Outflows Inflows Net Inflows Project NPY (750,000) $ (750,000) 215.000 $ 215,000 $ 215,000 $ 215,000 $ 215,000 5 1,075,000 215.000 S 215,000 $215,000 $ 215,000 $ 215,000 S 325,000 Project A NPM:=NpviDiscount Required series of Net Inflows) + Year 0 Outflows Year o Year 1 Year 2 Years Year 4 Year 5 Total 159 Project B Discount Required Qutflows Inflows Net Inflows Project NPY (250,000) $ (250,000) 80,000 $ 80,000 $ SO 000 $ 80,000 $ 80,000 $ 400,000 80.000 $ 80,000 $ 80,000 $ 80,000 $ 80,000 S 150,000 Praject & News=NPYYDiscount Required series of Net Inflows) + Year o outflows Accept Reject Explanation Project A: Project : Accept/Reject: Accept if Project NPV is positive. Reject otherwise