Can I get help with the below and determining which is the best project?

ABC Companys management is also considering 3 new projects consisting of the purchase of new equipment. The company has limited resources, and may not be able to complete make all 3 purchases. The information is as follows for the purchases below.

	Project 1	Project 2	Project 3
Purchase Price	$80,000	$175,000	$22,700
Required Rate of Return	6%	8%	12%
Time Period	3 years	5 years	2 years
Cash Flows Year 1	$48,000	$85,000	$15,000
Cash Flows Year 2	$36,000	$74,000	$12,000
Cash Flows Year 3	$22,000	$38,000	N/A
Cash Flows Year 4	N/A	$26,800	N/A
Cash Flows Year 5	N/A	$19,000	N/A