Cаsh flоws оf twо mutuаlly exclusive projects аre as follows. Project A costs $60,000 initially and will have a $15,000 salvage value after 3 years. The operating cost with this method will be $20,000 per year. Project B has initial cost of $120,000, an operating cost of $10,000 per year, and a $40,000 salvage value after its 3-year life. Assume the interest rate is 10% per year. Which of the following statements is false?