Question 37 (4 points) Consider the following three investment opportunities: Project I would require an immediate cash outlay of $50,000 and would result in cash savings of $10,000 each year for 5 years. Project II would require cash outlays of $12,000 per year and would provide a cash inflow of $60,000 at the end of 5 years. Project I would require a cash outlay of $42,000 now and would provide a cash inflow of $80,000 at the end of 5 years. (Ignore income taxes.) (Ignore income taxes.) Required: The discount rate is 10%. Use the net present value method to determine which, if any, of the three projects is acceptable. Show Your Detailed Work in determining your result for each Project. After completing the net present value method, identify which projects (if any) were acceptable