1. The treasurer of Amaro Canned Fruits, INC., has projected the cash flows of projects A, B, and C as follows

Year

Project A

Project B

Project C

1

-100,000

-200,000

-150,000

2

60,000

130,000

110,000

3

60,000

130,000

110,000

Suppose the cost of capital is 10 percent and Amaro's budget for these projects is $ 300,000. The projects are not divisible. Which project(s) should Amaro accept?