Chapter 8 Capital Budgeting Process and Decision Criteria 273 Using a 14% cost of capital, calculate the NPV for each of the projects shown in the following table and indicate whether or not each is acceptable. Project A Project B Project D Project E Year -$20,000 $3,000 3,000 3,000 3,000 -$100,000 $ 0 0 -$600,000 $120,000 145,000 170,000 190,000 220,000 240,000 Project C Cash Flows --$150,000 $ 18,000 17,000 16,000 15,000 15,000 14,000 13,000 12.000 11,000 10.000 -$760,000 $185,000 185,000 185.000 185.000 185,000 185.000 185.000 185,000 25,000 Ovo AWN- 3,000 36,000 3,000 3,000 3,000 3,000 3,000 60,000 72,000 84,000