0 Andrews Construction is analyzing its capital expenditure proposals for the purchase of equipment in the coming year. The capit budget is limited to $8,000,000 for the year. Linda Brown, staff analyst at Andrews, is preparing analysis of the three projects under consideration by Chuck Andrews, the company's own BE (Click the konto view the data for the three projects (Click the icon to view the Future Value of 51 factors.) Click the icon to view the Future Value of Amuity of 51 factors) (Click the icon to view the Present Value of 51 factors) Click the icon to view the Present Value of Annuity of factors Read the regements Requirement 1. Because the company's cash is limited, Andrews thinks the payback method should be used to choose between the capital budgeting projects Calculate the payback period for each of the three projects. Ignore income taxes (Round your answers to two decimal places) Project Project Project years years Using the payback method, which proc() should Andrews choose Enter any number in the edit fields and then continue to the next question Escribe aqui para buscar 22 21/01/2000 SAMSUNG 96 5 7 8 E R DF K L . X Lear Linda Data Table KA - ) ors.) Project A Project B Project C stors.) Projected cash outflow Net initial investment $ 4,000,000 $ 3,000,000 $ 4,000,000 ed, And ects. lg Projected cash inflows Year 1 Year 2 $ 2,550,000 $ 800,000 $ 2,100,000 2,550,000 1,600,000 2,100,000 2,550,000 1,000,000 50,000 2,550,000 25,000 Year 3 Year 4 Andrews 6% Required rate of return 6% 6% Print Done ntinue to t