Luton Manufacturing is considering three capital investment proposals. At this time, the company has funds available to pursue only one of the three investments. E (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 ARR to compare the profitability of each investment ARR IRR payback period profitability index Equipment A Equipment B Equipment C Present value of net cash inflows $ 1,690,000 $ (1,625,000) 1,945,000 $ (1,556,000) Investment.. 2,220,000 (2,000,000) NPV .... $ 65,000 $ 389,000 $ 220,000