3. A company needs to decide if it will move forward with 2 new projects that it is evaluating. Project A's cash flow projections are shown in A19 through F20, and Project B's projections are shown in A22 through G23.

Project A
0: -800,000
1: 220,000
2: 265,000
3: 292,000
4: 317,000

Project B

0: -650,000
1: 175,000
2: 175,000
3: 175,000
4: 175,000
5: 175,000