Equipment A Equipment B Equipment C Present value of net cash inflows $ 1,695,000 $ (1,500,000) 1,960,000 $ (1,750,000) 210,000 $ 2,210,000 (2,125,000) Investment $ 195,000 $ 85,000 NPV Luton Manufacturing is considering three capital investment proposals. At this time, the company has funds available to pursue only one of the three investments. (Click the icon to review the proposals.) Requirement Which investment should Luton Manufacturing pursue at this time? Why? Since each investment presents a positive NPV, Luton Manufacturing should use the to compare the profitability of each investment. ARR IRR payback period profitability index