$ 55,000 $33,400 Proposal C: 108,000 53,000 50,000 47,000 45,000 31,400 28,400 25,400 23,400 $142,000 $100,000 100,000 80,000 20,000 4 250,000 180,000 Proposal D: 400,000 80,000 160,000 100,000 4 80,000 0 $300,000 $700,000 The company's capital rationing policy requires a maximum cash payback period of three years. In addition, a minimum average rte of return of 12% is required on all projects. If the preceding standards are met, the net present value method and present value indexes are used to rank the remaining prop osals