Question 8 of 13 - /14 Current Attempt in Progress Splish Ltd. is a small company that is currently analyzing capital expenditure proposals for the purchase of equipment. The capital budget is limited to $295,000, which Splish believes is the maximum capital it can raise. The financial adviser is preparing an analysis of four projects that the company is considering, as follows: Project A Project B Project C Project D Net initial investment: $265,500 $224,200 $295,000 $247,800 Projected cash inflows: Year 1 $59,000 $47,200 $88,500 $88,500 88,500 88,500 N 59,000 59,000 3 59,000 82,600 70,800 70,800 59,000 88,500 94,400 47,200 A 5 59,000 88,500 118,000 23,600 (a) APR 21 MacBook Air DD K DII F10 G F9 F8