E11-15 (Algo) Comparing Capital Budgeting Methods (LO 11-1, 11-2, 11-3, 11-4, 11-6] The following table contains information about four potential investment projects that Castle Corporation is considering Required Project Payback Project Investment Profitability Life Acete ROR Period NPV Index $ 820.ece 5 33.00x 3.2 $ 387,750 1.19 B $ 1.070,000 4 20.00% $ 1,320,000 $ 491,562 2.86 4 17.50% 4.1 $ 218,92e 1.53 D $ 1,820,000 5 19. 20% 2.9 $ 248,258 1.48 C Required: 1. Rank the four projects in order of preference under each method indicated by the headers: Accounting Rate of Return Payback Period Net Present Value Profitability Index 1st preferred 2nd preferred 3rd preferred 4th preferred