Alfarsi Industries Uses the Net Present Value Method to Make $$\begin{array} { | r | r | r | } \hline 1 & \$ 8,000 & \$ 0 \\\hline 2 & 8,000 & 0 \\\hline 3 & 8,000 & 24,000 \\\hline\end{array}$$

Alfarsi Industries uses the net present value method to make investment decisions and requires a 15% annual return on all investments. The company is considering two different investments. Each require an initial investment of $15,000 and will produce cash flows as follows: End of Investment
Year A B
$$\begin{array} { | r | r | r | } \hline 1 & \$ 8,000 & \$ 0 \\\hline 2 & 8,000 & 0 \\\hline 3 & 8,000 & 24,000 \\\hline\end{array}$$ Which investment should Alfarsi choose?

A) Only Investment A is acceptable.
B) Only Investment B is acceptable.
C) Both investments are acceptable, but A should be selected because it has the greater net present value.
D) Both investments are acceptable, but B should be selected because it has the greater net present value.
E) Neither machine is acceptable.