Homework: Chapt. 10 - Capital Budgeting Techniques Question 2 Warm-Up 10-3 (similar to) Part 1 of 3 HW Score: 2.78%, 0.33 of 12 points Points: 0 of 3 Save Axis Corp. is studying two mutually exclusive projects. Project Kelvin involves an overhaul of the existing system; it will cost $43,500 and generate cash inflows of $24,500 per year for the next 3 years. Project Thompson replaces the existing system; it will cost $235,000 and generate cash inflows of $55,000 per year for 6 years. Using an) 9.15% cost of capital, calculate each project's NPV, and make a recommendation based on your findings. The NPV of project Kelvin is $. (Round to the nearest cent.)