The investment committee of a company has identified the following seven projects with positive NPVS Project Initial Investment (5) 1,125,000 2,700,000 675,000 375,000 1,500,000 MPV (5) 425,000 486,000 170,000 30,000 900,000 225,000 500,000 32,000 405,000 If the board of directors has approved a $4.5 million capital budget for the current period, which projects should be selected? Project 1 (Click to select)be selected. Project 2 Click to select) be selected. Project 3 (Click to select be selected. Project 4 (Click to select)be selected. Project 5 (Click to select)be selected. Project 6 (Click to select) be selected. Project 7 (Click to select)be selected.