Environ Ltd requests you to evaluate two new capital budgeting proposals and provide your recommendations. You are required to submit a report by responding to the underlisted questions. In your report, state any assumptions made and clearly show all your steps in the calculations undertaken towards reaching your conclusions. Instructions are as follows: Provide an evaluation of two proposed projects: landfill and borehole. The initial outlays are $100,000 and $250, 000, respectively for the landfill and borehole. Environ Ltd has set the required rate of return for both projects to 15%. The expected after-tax cash flows from each project are as presented in the Table 1 below. Table 1: Cash flows A Landfill Borehole Inflow year 1 $160,000 $300,000 Inflow year 2 $160,000 $300,000 Inflow year 3 $160,000 $300,000 Inflow year 4 $160,000 Inflow year 5 160, 000 Inflow year 6 160, 000