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Assume that Sage Inc. has a capital budget of $209,000. In addition, it has the following projects for evaluation. Determine which project(s) should be chosen,

Assume that Sage Inc. has a capital budget of $209,000. In addition, it has the following projects for evaluation. Determine which project(s) should be chosen, assuming k is 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.)

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Project Initial CF CF1 CF2 CF3 A -99,000 79,000 78,000 0 B -70,500 48,000 59,000 69,000 -110,000 53,000 99,000 79,000 NPVAB $ NPVAC $ NPVBC $ should be chosen

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