The management of Dunson ltd. is evaluating five investment projects whose expected cash flows (Sh., 000) are shown below:

Project	1.1.2021	31.12.2021	31.12.2022	31.12.2023
A	-60,000	30,000	25,000	25,000
B	-30,000	-20,000	25,000	45,000
C	-40,000	-50,000	60,000	70,000
D	0	-80,000	45,000	55,000
E	-50,000	10,000	30,000	40,000

All the projects are divisible and non can be delayed or brought forward. The required rate of return on investments is 15%

Using Excel program Determine which project(s) should be undertaken assuming capital will be available when required.