Zellers, Inc. is considering two mutually exclusive projects, A and B. Project A cost $75,000 and is expected to generate $48,000 in year one and $45,000 in year two. Project B cost $80,000 and is expected to generate $34,000 in year one, $37,000 in year two, $26,000 in year three, and $25,000 in year four. Zellers, Inc.'s required rate of return for these projects is 10%. The net present value for Project A is:
a. $5,826
b.$6347
c.$18,000
d.$9,458