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$($NPV$,$ PI$,$ and IRR calculations$)$ You are considering two independent projects, project A and project B$.$ The initial cash outlay associated with project A is $$45,000,$ and the initial cash outlay associated with project $B$ is $$65,000.$ The required rate of return on both projects is $11$ percent. The expected annual free cash inflows from each project are in the popup window: and indicate if the project should be accepted. $$ Calculate the NPV$,$ PI$,$ and IRR for each project

a$.$ What is the NPV of project A$?$

$($Round to the nearest cent.$)$

Data table

$($Click on the following icon in order to copy its contents into a spreadsheet.$)$

$\backslash$table$[[,$PROJECT A$,$PROJECT B$],[$Initial Outlay,$-$$$45,000,-$$$65,000$