Question $3$

Preston Inc. is considering two projects; each project would have a ten$-$year life and would require a $$300,000$ investment in equipment. At the end of ten years, the projects would terminate, and the equipenent would have no salvage value. The project would provide net income each year as follows: The projects are mutually exclusive.

$\backslash$table$[[,$Project $1,$Project $2],[$Sales$,$$$400,000,$$$350000$