The management of Ortega Manufacturing needs a new high tech sorting machine and has two different proposals under consideration. They require a rate of return of 15% (discount rate) and the Accounting Department has prepared the following information: Initial Investment Useful Life of Equipment Net Annual Cash Flow Salvage Value Required: Answer the following questions. $3,000,000 years $740,000 $0 A $2,200,000 8 years $545,000 $ 80,000 B 1) Calculate the Payback Period for each option: Investment A: Investment B: 2) Calculate the Net Present Value of each option: Investment A: Investment B: 3) Calculate the Profitability Index of each option: Investment A: Investment B: 4) Which option should Ortega choose and why