Assume that Blue Inc. has a capital budget of $225,000. In addition, it has the following projects for evaluation. Determine which project(s) should be chosen, assuming k is 15 percent. (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and the final answers to 2 decimal places e.g. 58,971.25.) Project A B C NPVAB NPVAC NPVBC Initial CF -107,000 $ LA $ CF 87,000 -78,500 -118,000 61,000 107,000 $ 56,000 CF2 86,000 67,000 should be chosen. CF3 0 77,000 87,000

Assume that Blue Inc. has a capital budget of $225,000. In addition, it has the following projects for evaluation. Determine which project(s) should be chosen, assuming k is 15 percent. (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and the final answers to 2 decimal places e.g. 58,971.25.)