Requirements 1. Identify which revenues and costs are relevant to your analysis, and which costs are irrelevant. Summarize all the information that will be required for each investment proposal, including describing the proposal and identifying the time horizon for each proposal evaluation. 2.Calculate the after-tax cash flows during the life of each of the projects. 3.Utilizing the after-tax cash flows from question 2, evaluate each investment proposal utilizing the following criteria (unless directed otherwise): a. Payback b. NPV 4. Clearly indicate whether any of the above criteria support each of the project proposals, and what the company should ultimately decide to do.