5. Consider several environmental cleanup projects proposed by Take 3, Australian environmental cleanup nonprofit. The initial investment is the cleanup cost (an expense, thus a negative amount). After clean-up, cash flows from tourism will flow to the local businesses (additional revenues, positive amounts). Assume the discount rate of 7%. Based on the information provided below, which project should be selected and why? Show your work. Project A Project B Project C Project D Initial Investment (an expense) 8,000,000 4,125,000 4,000,000 5,000,000 Revenues from Tourism Year 1 Year 2 500,000 350,000 140,000 330,000 500,000 350,000 140,000 330,000 Year 3 500,000 350,000 140,000 330,000 Year 4 500,000 350,000 140,000 330,000 Year 5 500,000 350,000 140,000 330,000 Year 6 500,000 350,000 140,000 330,000 Year 7 500,000 350,000 140,000 330,000 Year 8 500,000 350,000 140,000 330,000 Year 9 500,000 350,000 140,000 330,000