Please show work out steps. Thanks!

WACC1=13.7% Breakpoint (Retained Earnings) =$7,270,000 WACC2=14.1% Breakpoint 2 (Depreciation) =$10,270,000 WACC3=15.5% The firm is evaluating the following independent, discretionary, normal cash flow projects as part of their Investment Opportunity Set: What is Salient's optimal capital budget - which projects should they invest in and which ones should they reject? (Please identify the relevant WACC for each project first.) WACC1=13.7% Breakpoint (Retained Earnings) =$7,270,000 WACC2=14.1% Breakpoint 2 (Depreciation) =$10,270,000 WACC3=15.5% The firm is evaluating the following independent, discretionary, normal cash flow projects as part of their Investment Opportunity Set: What is Salient's optimal capital budget - which projects should they invest in and which ones should they reject? (Please identify the relevant WACC for each project first.)