Lopez Company is considering three alternative investment projects below:

$\backslash$table$[[$Payback period,Project $1,$Project $2,$Project $3],[$Net present value,$4\mathrm{.}5$ years,$5\mathrm{.}0$ Years,$4\mathrm{.}2$ Years$],[$Internal rate of return,$$26,000,$$$33,000,$$$19,000$