Prime Paints is in the process of evaluating two mutually exclusive additions to its processing capacity. The firm's financial analysts have developed pessimistic, most likely, and optimistic estimates of the annual cash inflows associated with each project. These estimates are shown in the following table.

What is the range of annual cash inflows for project A? (Round to the nearest dollar.)

What is the range of annual cash inflows for project B? (Round to the nearest dollar.)

Assume that Prime Paints' cost of capital is 10.4 % and that both projects have 20-year lives. Use this information and the table provided above to answer questions 3 thru 10. Round your responses to two (2) decimal points, and do not include dollar signs in your response.

What is the NPV for the pessimistic outcome for Project A?

What is the NPV for the most likely outcome for Project A?

What is the NPV for the optimistic outcome for Project A?

What is the NPV range for Project A under this scenario?

What is the NPV for the pessimistic outcome for Project B?

What is the NPV for the most likely outcome for Project B?

What is the NPV for the optimistic outcome for Project B?

What is the NPV range for Project B under this scenario?

Initial investment (CF) Outcome Pessimistic Most likely Optimistic Project A Project B $12,900 $12,900 Annual cash inflows (CF) $820 $1,500 1,610 1,610 2,430 1,760