Provide an evaluation of the three proposed projects whose cash flow forecasts are found below:

Product A Product B Product C

Initial cost $750,000 $650,000 $515,000

Expected life 5 years 5 years 4 years

Scrap value expected $ - $35,000 $40,000

Others expected cash inflows:

Year $ $ $

1 180,000 200,000 300,000

2 300,000 240,000 210,000

3 230,000 210,000 60,000

4 330,000 260,000 220,000

5 195,000 155,000

Compute the ARR for each project