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Findell Corporation is considering two projects, A and B, and it has gathered the following estimates for the projects:
| Project A | | Project B |
Useful life | | 5 years | | | | 5 years | |
Present value of cash inflows | | $ | 84,400 | | | | | $ | 56,400 | | |
Present value of cash outflows | | $ | 77,000 | | | | | $ | 51,000 | | |
|
What is the net present value of cash flows for project B?
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