Two mutually exclusive projects have an initial cost of $50,000 each. Project A produces cash inflows of $30,000, $35,000, and $25,000 for Years 1 through 3, respectively. Project B produces cash inflows of $45,000, $35,000 and $10,000 for Years 1 through 3, respectively. The required rate of return is 13.0 percent for Project A and 16.0 percent for Project B. Which project(s) should be accepted and why? O Project B, because it has the larger NPV Project B, because it has the higher required rate of return. O Project A, because it has the larger NPV. O Project B, because it has the largest cash inflow in Year 1. O Project A, because it has the higher required rate of return