Question: Please show your work, step by step Thank you Perit Industries has $135,000 to invest. The company is trying to decide between two alternative uses

Please show your work, step by step Thank you

Please show your work, step by step Thank you
Perit Industries has $135,000 to invest. The company is trying to decide between two alternative uses of the funds. The alternatives are: Project A Project B Cost of equipment required $135, 000 $ 0 Working capital investment required 0 $135, 000 Annual cash inflows $ 22, 000 $ 66, 000 Salvage value of equipment in six years $ 8, 400 $ Life of the project 6 years 6 years The working capital needed for project B will be released at the end of six years for investment elsewhere. Perit Industries' discount rate is 17%. Click here to view Exhibit 148-1 and Exhibit 148-2, to determine the appropriate discount factor(s) using tables. Required: 1. Compute the net present value of Project A. (Enter negative values with a minus sign. Round your final answer to the nearest whole dollar amount.) 2. Compute the net present value of Project B. (Enter negative values with a minus sign. Round your final answer to the nearest ces whole dollar amount.) 3. Which investment alternative (if either) would you recommend that the company accept? 1 . Net present value project A 2 Net present value project B 3 Which investment alternative (if either) would you recommend that the company accept

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