Lithium, Inc is considering two mutually exclusive projects, A and B. Project A costs $95,000 and is

expected to generate $65,000 in year one and $75,000 in year two.

Project B costs $120,000 and is
expected to generate $64,000 in year one, $67,000 in year two, $56,000 in year three, and $45,000 in
year four. The firm's required rate of return for these projects is 10%. The net present value for
Project A is
A) $26,074. B) $16,947. C) $12,358. D) $19,458.

A