Net Present Value Method, Present Value Index, and Analysis for a service company Continental Railroad Company is evaluating three capital investment proposals by using the net present value method. Relevant data related to the proposals are summarized as follows Maintenance Ramp Facilities Computer Network Equipment Amount to be invested $787,260 $520,465 $256,705 Annual net cash flows: Year 1 Year 2 Year 3 341,000 317,000 290,000 246,000 221,000 197,000 160,000 110,000 80,000 Present Value of $1 at Compound Interest 10% 20% 12% 0.943 0.909 0.8930.870 0.833 0.890 0.826 0.7970.756 0.694 0.840 0.751 0.712 0.658 0.579 0.792 0.683 0.636 0.572 0.482 0.567 0.507 0.452 0.404 0.361 Year 690 15% 4 0.747 0.705 0.665 0.627 0.592 0.5 0.621 0.564 0.513 0.467 0.424 0.497 0.432 0.376 0.327 0.284 0.247 0.402 0.335 0.279 0.233 0.194 0.162 7 58 0.386 0.322 10 Required 1. Assuming that the desired rate of return is 12%, prepare a net present value analysis for each proposal. Use the present value of $1 table above. If required, use the minus sign to indicate a negative net present value. If required, round to the nearest dollar Required I. Assuming that the desired rate of return is 12%, prepare a net present value analysis for each proposal. Use the present value of $1 table above. If required, use the minus sign to indicate a negative net present value. If required, round to the nearest dollar Maintenance Equipment Ramp Facilities Computer Network Present value of net cash flow total Amount to be invested Net present value 2. Determine a present value index for each proposal. If required, round your answers to two decimal places. Present Value Index Maintenance Equipment Ramp Facilities Computer Network 3. The dollar invested than does the indicating that it does not meet the minimum rate of return standard has the largest present value index. Although has the largest net present value, it returns less present value per as revealed by the present value indexes. The present value index for the is less than 1