Costcutters Corp. is considering 3 projects, A, B, and C. The cash flows for each project are shown in the table below. If the cost of capital is 16% and these projects are mutually exclusive projects, which project should the company invest in? (Hint: use the NPV investment criteria)

Year	Project A: CF	Project B: CF	Project C: CF
0	-40,000	-40,000	-40,000
1	13,000	7,000	19,000
2	13,000	10,000	16,000
3	13,000	13,000	13,000
4	13,000	16,000	10,000
5	13,000	19,000	7,000

	1.	A
	2.	B
	3.	C
	4.	A and C