. Marian Ltd is considering two mutually exclusive projects with the following details: PROJECT A Initial Investment $450,000 Scrap value in year 5 $20,000 Year 1 2 3 4 5 $000 $000 $000 $000 $000 Annual Cash Flows 200 150 100 100 100 PROJECT B Initial Investment $100,000 Scrap value in year 5 $10,000 Year 1 2 3 4 5 $000 $000 $000 $000 $000 Annual Cash Flow 50 40 30 20 20 Assume that the initial investments at the start of the project and the annual cash flow accrue evenly over the year. Require: Calculate the Net Present Value To the nearest $000 for the project A and B if the relevant cost of capital is 10%.