Q3-1A The managemento Al Masira Construction Company is evaluating the data of a Capital project The Marina Resort The data being evaluated are given in Table Q3-A. Table Q3-A Data of Capital Project The Marina Resort" Serial Data of Capital Project The Details of the Data of Capital No. Marina Resort Project The Marina Resort 1 Annual Cost Saving R0 15.000 2 Useful life 5 years 3 Internal Rate of Return (I.R.R) 13% 4 Profitability Index (P.1) 1.13 Use the above details from Table Q3-A to calculate: i. Costof project 'The Marina Resort ii. Payback Period iii. Costof Capital iv. Net Present Value Note the salvage value is assumed to be zero (RO-0.00). (5marks) Q3-1B Al Burge Investment Company has RO 1,000,000 allocated for capital budgeting purposes. Different proposals an associated profitability index have been determined and presented in table Q31B. Table Q3-1B Investment Proposal Project Amount-RO Profitability Index 1.22 1 2 300,000 150,000 0.95 N 1.20 350,000 450,000 4 1.18 6 200,000 1.20 1.05 400,000 Which of the above investments should be undertaken? Assume that projects are indivisible and there is no alternative use of the money allocated for capital budgeting