Carr Company is considering two capital investment proposals. Estimates regarding each project are provided below: Project Soup Project Nuts $180,000$900,000 63,000 213,000 6 years Initial investment Annual net income 12,000 Net annual cash inflow 36,000 Estimated useful life 5 years Salvage value The company requires a 10% rate of return on all new investments. Present Value of an Annuity of 1 Periods 19% 10% 11%|12% 3.890 3.791 3.696 3.605 4.486 4.355 4.231 4.111 The cash payback period for Project Soup is Select one: a. 10.0 years. b. 9.0 years. C. 6.0 years d. 5.0 years