The following capital expenditure projects have been proposed for management's consideration at Scott, Inc., for the upcoming budget year: Use Table 6-4 and Table 6-5. (Use appropriate factor(s) from the tables provided. Round the PV factors to 4 decimals.) Project Year(s) Initial investment Amount of net cash return 0 (53,000) (55,000) 112,000) (112,000) $(224,000) 11,700 11,700 11,700 11,700 11,700 11,700 0 0 25,000 25,000 25,000 4,000 38,000 38,000 38,000 38,000 38,000 0 11,200 22,400 33,600 44,800 56,000 0 70,000 37,500 37,500 37,500 37,500 ?S9,422 6-10 Per year NPV (16% discount rate) Present value ratio $ 3,549 S 1.07