Sunland Company is considering two capital investment proposals. Estimates regarding each project are provided below: Initial investment Annual net income Net annual cash inflow Project Soup $269000 27200 Project Nuts $597000 44600 90300 141000 Estimated useful life 5 years 6 years Salvage value 0 0 The company requires a 9% rate of return on all new investments. Present Value of an Annuity of 1 Periods 8% 9% 10% 11% 5 3.993 3.890 3.791 3.696 1355 4.231