Use the NPV method to determine whether Vargas Products should invest in the following projects: - Project A Costs $265,000 and offers eight annual net cash inflows of $54,000 Vargas Products requires an annual return of 14% on investments of this nature - Project B: Costs $380,000 and offers 10 annual net cash inflows of $77,000 Vargas Products demands an annual return of 12% on investments of this nature. (Click the icon to view Present Value of 51 table.) (Click the icon to view Present Valus of Drdinary Annuity of $1 table.) Read the requirements. Requirement 1. What is the NPV of each project? Assume neither project has a residual value Round to two decimal places. (Enter any factor amounts to three decimal places. Use parentheses or aminus sidn for a negative net present value.) Caclulate the NPV (net present value) of each project. Begin by calculating the NPV of Project A