Tempura, Inc., is considering two projects. Project A requires an investment of $$42,000.$ Estimated annual receipts for $20$ years are $$24,000$; estimated annual costs are $$12,500.$ An alternative project, B$,$ requires an investment of $$85,000,$ has annual receipts for $20$ years of $$29,000,$ and has annual costs of $$18,000.$ Assume both projects have a zero salvage value and that MARR is $14\mathrm{.}5\frac{\%}{?}$ year.

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Part a

What is the present worth of each project?

Project A: $

Project B: $