Praxis Corp. has to choose between two mutually exclusive projects. If it chooses project A$,$ Praxis Corp. will have the opportunity to make a similar investment in three years. However, if it chooses project $B,$ it will not have the opportunity to make a second investment. The following table lists the cash flows for these projects. If the firm uses the replacement chain $($common life$)$ approach, what will be the difference between the net present value $($NPV$)$ of project A and project B$,$ assuming that both projects have a weighted average cost of capital of $14\%?$

$\backslash$table$[[$Cash Flow$],[$Project A$,,$Project $A,],[$Year $0$:$,-$$$12,500,$Year $0$:$,-$$$40,000$

Praxis Corp. is considering a three$-$year project that has a weighted average cost of capital of $10\%$ and a NPV of $$45,681.$ Praxis Corp. can replicate this project indefinitely. What is the equivalent annual annuity $($EAA

$)$ for this project?

$$17,451$

$$19,287$

$$16,532$

$$20,206$

$$18,369$