The Carr Company is considering two capital investment proposals. Estimates regarding each project are provided below: .....................................Project Soup......Project Nuts Initial Investment..................$400,000..........$600,000 Annual net income....................20,000.............42,000 Net annual cash inflow.............100,000...........142,000 Estimated useful life...................5 years...........6 years Salvage value..............................0....................0.... The company requires a 10% rate of return on all new investments. .............................Present Value of an Annuity of 1 Periods..................._9%_...._10%_...._11%_...._12%_ ...5........................3.890....3.791.....3.696......3.605 ...6........................4.486....4.355.....4.231......4.111 The cash payback period for Project Soup is a 20 years b 4 years c 5 years d 10 years