Carr Company is considering two capital investment proposals. Estimates regarding each project are provided below:+ Initial investment Annual net income Project Soup Project Nuts+ $400,000 $600,000+ 30,000 46,000+ Net annual cash inflow 110,000 146,000+ Estimated useful life Salvage value 5 years 6 years+ -0- -0-+ + The company requires a 10% rate of return on all new investments.+ N Present Value of an Annuity of 1 Periods --9%+ -10%+ -11%+ -12%++ 5 6 3.890 4.486 + 3.791 3.696 3.605+ 4.355 4.231 4.111+ What is the cash payback period for each project?+ .1 What is the net present value for each project?+ + + + What is the internal rate of return for each project?+