QUESTION 1 Bed/Bath Manufacturing is currently engaged in the evaluation of four projects. Each project required a $31,000 investment in equipment. The life of each project is 4 years. The cash flow information for each project is as follows S 15,000 13,000 10,000 8,000 S 9,500 9,000 8,500 8,000 DJ06 $11,000 12,000 13,000 $6,000 6,000 6,000 4. 14,000 6,000 The equipment being considered does not have a salvage value David's Premium uses the straight-ine method of depreciation Management has established that the maximum payback is 2 5 years and the that rate of return is 15% REQUIRED MUST SHOW ALL COMPUTATIONS TO RECEIVE CREDIT. 1 Based on the payback period, which is the most desirable project and the least desirable Discuss 2 Compute the net present value of oach project Does your ranking in #1 change? Discuss TTTT Paragraph Anal 3(12pt) EE T Save All