You are considering two machines, A and B that can be used for the same purpose. Machine

A costs $250,000, will reduce costs by $70,000 per year, needs net working capital of

$20,000 at time zero which be released at the end of the project, has a 5 year straight line

depreciable life and can be sold at the end of the project's life for $50,0OO. Machine B costs

$320,000, will reduce costs by the same $70,000 per year, has net working capital of

$40,000 at time zero (also released at the end of its life), has a ten year straight line

depreciable life and can be sold at the end of its life for $60,000. Assume that the tax rate is

38% and the discount rate is 10%, What are the net present values for these two projects?