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Carr Company is considering two capital investment proposals.It requires a 10% return on its investments.Estimates regarding each project are provided below: Project Soup Project Nuts

Carr Company is considering two capital investment proposals.It requires a 10% return on its investments.Estimates regarding each project are provided below:

Project SoupProject Nuts

Initial investment$400,000$600,000

Annual net income30,00046,000

Net annual cash inflow110,000146,000

Estimated useful life5 years6 years

Salvage value-0--0-

The net present value of Project Nuts is:

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