A firm is analyzing two mutually exclusive projects with the following cash flows:
Project A Project B
Year Cash Flow Cash Flow
0 -$50,000 -$30,000
1 10,000 6,000
2 15,000 12,000
3 40,000 18,000
4 20,000 12,000
If the company's WACC is 10%, what is the NPV of the project with the highest IRR?