Please see the questions below and provide answers. Thank you.

Scorecard Corp. is financed exclusively using equity funding and has a cost of equity of 12.?5%. It is considering the following projects for investment next year: Project Required Investment Expected Rate of Return W $6,815 l4.1% $2,276 12.1% 1c 1r $3,555 14.5o55 2 $4.555 13.55% Each project has ayera ge risk, and Scorecard Corp. accepts any project whose expected rate of return exceeds its cost of capital. HD'W large should next year's capital budget be? 13 5?,23o O $1?,?oo (3 $15,425 (3 $5.8?D