Marigold Company is considering two capital investment proposals. Estimates regarding each project are provided below Project Soup Project Nuts Initial investment $305000 $504000 Annual net income 30000 46000 Net annual cash 110000 156000 inflow Estimated useful life 5 years 6 years Salvage value 0 0 The company requires a 10% rate of return on all new investments. Present Value of an Annuity of 1 Periods 9% 10% 11% 12% 5 3.89 3.791 3.696 3.605 6 4.486 4.355 4.231 4.111 The net present value for Project Nuts is O $84000. O $175380. O $679380. O $336316