Use the NPV method to determine whether Vargas Products should invest in the following projects: - Projoct A costs $280,000 and offers aight annual net cash inflows of $56,000. Vargas Products requires an annual return of 16% on projocts like A. - Project B costs $380,000 and offers nine annual net cash inflows of $74,000. Vargas Products demands an annual retum of 12% on investments of this nature. (Click the icon to viaw the present value ainnuiny tabla.) (Cick the icon to view the present value table.) (Cick the icon to viow the fulure value annuity table.) (Click the ioon to vow the future value table.) Requirement What is the NPV of each project? What is the maximum acceptable price to pay for each project? Calculate the NPV of each project. (Round your answers to the nearest whole dolar, Use parentheses or a minist sigh foc negative het pretent values.) The NPV of Projoct Ais The NoV of Project B is Now calcuiate the maximum acceptable price to pay for each project. (Round your anawers to the nearnat whole dotar) Project A is Propect B is Reference rojects like A. vestments of this nature. Reference Reference ke A. nits of this natu. Reference