Dwight donovan, the president of walton enterprises, is considering two investment opportunities. because of limited resources, he will be able to invest in only one of them. project a is to purchase a machine that will enable factory automation; the machine is expected to have a useful life of five years and no salvage value. project b supports a training program that will improve the skills of employees operating the current equipment. initial cash expenditures for project a are $101,000 and for project b are $41,000. the annual expected cash inflows are $33,772 for project a and $11,943 for project b. both investments are expected to provide cash flow benefits for the next five years. walton enterprises’ cost of capital is 6 percent. (pv of $1 and pva of $1) (use appropriate factor(s) from the tables provided.) required compute the net present value of each project. which project should be adopted based on the net present value approach?