Bonita Company is considering two capital projects in which to invest. The estimated net cash flows from each project are provided below. Each project requires an investment of $180,000 with no expected residual value. The company will analyze the project using a before tax rate of return of 15%. The company's income tax rate is 30% and it depreciates all similar projects using the straight line method. REQUIRED: (1) Using the attached form, analyze both projects, on a before tax basis, using the following capital investment models. Round all calculations to the nearest whole dollar. (a) Cash payback period. (b) Net present value. (2) In which project should the company invest? Explain