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Assume that Larkspur Inc. has a capital budget of $224,000. In addition, it has the following projects for evaluation. Determine which project(s) should be chosen,

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Assume that Larkspur Inc. has a capital budget of $224,000. In addition, it has the following projects for evaluation. Determine which project(s) should be chosen, assuming kis 14 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 Initial CF CF, CF CF -106,500 $6,500 85,500 0 -78,000 55,500 66,500 76,500 c -117,500 60,500 106,500 86,500 NPVA NPVA $ NPVC should be chosen

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