Question: The Niagra corporation is considering two mutually exclusive projects. Both require an initial outlay of $10,000 and will operate for 5 years. Project A will produce expected cash flows of $5,000 per year for years 1 through 5 and project B will produce expected cash flows of $6,000 per year for years 1 through 5. Management of Niagra believes that project B is the riskier project and therefore assigns a required rate of return of 15% to its evaluation and only a 12% required rate of return to project A. Calculate each projects risk-adjusted net present value. (be sure to show your work)