Given the following cash flows for two mutually exclusive projects, and a required rate of return of 12%, which of the following statements is true? Year Project A -300,000 150,000 150,000 80,000 80,000 Project B -300,000 70,000 70,000 120,000 120,000 120,000 60,000 Neither project should be accepted. Project A should be accepted because it has the highest NPV. Project B should be accepted because it has the highest EAA. Project B should be accepted because it has the highest NPV. Project A should be accepted because it has the highest EAA