Quantitative Problem: Bellinger Industries is considering two projects for inclusion in its capital budget, and you have

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Quantitative Problem: Bellinger Industriesis considering two projects for inclusion in its capital budget,and you have been asked to do the analysis. Both projects'after-tax cash flows are shown on the time line below.Depreciation, salvage values, net operating working capitalrequirements, and tax effects are all included in these cash flows.Both projects have 4-year lives, and they have risk characteristicssimilar to the firm's average project. Bellinger's WACC is 7%.
What is Project A's NPV? Do not round intermediate calculations.Round your answer to the nearest cent.
$
What is Project B's NPV? Do not round intermediate calculations.Round your answer to the nearest cent.
$