Sticky Stack has been very profitable and now has time to upgrade some of their equipment. They are considering two projects to improve efficiency of the factory. Both projects will require Sticky Stack to initially invest $$35,000.$ The expected cash flows for the two projects are as follows:

The discount rate is $12\%.$ Calculate the NPV of each project.

Type your dollar responses with no commas and no decimals $($round up$).$ For the discount factors, use $3$ decimal places$($rounded$).$##

The project to be recommended is $($Type Project #$1$ or Project #$2)$