Part 2: ABC Company's management is also considering 3 new projects consisting of the purchase of new equipment. The company has limited resources, and may not be able to complete/make all 3 purchases. Therefore, calculate the NPV for each, and place the projects in the order in which they should be completed using NPV as the reasoning. The information is as follors for the purchases below. Project 1 Project 2 Project 3 Purchase Price $80,000 $175,000 $22,700 Required Rate of Return 6% 8% 12% Time Period 3 years 5 years 2 years Cash Flows - Year 1 $48,000 $85,000 $13,000 Cash Flows - Year 2 $36,000 74,000 $13,000 Cash Flows - Year 3 $22,000 $38,000 N/A Cash Flows - Year 4 N/A $26,800 N/A Part 2: Using Excel formulas, calculate the NPV for each of the 3 potential projects. It is possible that ABC Company may not be able to complete all 3 projects. Therefore, advise ABC Company as to the order in which they should pursue the projects (i.e., which project should ABC Company attempt to do first, second, and last)