The following two mutually exclusive projects are being evaluated. The firm's required rate of return is 12%. Year Project A Cash Flow Project B Cash Flow 0 $48,000 -$48,000 1 15.000 20,000 2 15.000 20,000 3 15,000 15,000 4 15,000 5.000 5 15,000 5.000 6 5.000 7 5.000 Which of the following statements best describes projects A and B? Project Bshould be accepted because it has the highest EAA. Both projects should be accepted because they have positive NPVs and EAA. Neither project is acceptable. Project should be accepted because it has the highest NPV. O Project A should be accepted because it has the highest EAA