A company seeking investment opportunities has collected the following information:

	Project A	Project B	Project C	Project D
Initial Investment	$450,000	$230,000	$720,000	$570,000
PV of cash inflows	$585,000	$310,500	$849,600	$558,600
Payback Period ( in years)	3.6 Years	3.2 Years	4 Years	2 Years
NPV of project	$135,000	$80,500	$210,100	(11,400)

If the company makes a decision to select the best project based using net present value, which project will be selected?

Group of answer choices

Project B

Project C

Project A

Project D