Quantitative Problem: Bellinger Industries is considering two project for inclusion in its capital budget, and you have been asked to do the anolysis. Both projects affer tax cash flows are shown on the time line below. Depreciation, salvage values, net operating working captal requirements, and tax effects are alf induded in these cash flows. Bath projects have 4-year lives, and they have risk characteristics similar to the firm's average project. Bellinger's whoc is 8%. What is Project A's NPV? Do not round intermediate caiculations. Round your answer to the nearest cent. s What is Froject B's Foyz Do not round intermediate calculations. Aound your answer to the neareit cent. s If the projects were independent, which project(s) would be accepted? If the projects were nutualiv excivsive, which project(s) would be accepted? Quantitative Problem: Bellinger Industries is considering two projects for inclusian in is copital tudget, and you have been asked to do the analysis, Both projects' after-tax cash What is Project A's NPV? Do not round intermediate calculations. Round your answer to the nearest cent. s 1 If the projects were independent, which project(s) would be accepted? If the projects were mutualiry exciusve, which project(s) would be accepted