PQR Enterprises has $1,100,000 for new projects and is considering 6 potential investments. Each project has different investment needs, NPVs, and IRRs. Determine which projects should be chosen to maximize the NPV without exceeding the budget. The opportunity cost of capital is 10%.

Project	Investment ($thousands)	NPV ($thousands)	IRR (%)
1	200	35	12.0
2	300	50	13.0
3	250	40	12.5
4	150	20	10.5
5	100	15	9.5
6	400	70	14.0