THREE As a financial manager of Drak Enterprises, you are required to analyse two proposed capital investments, Projects Sun and Moon. Each has a cost of R100 000, and the cost of capital for each project is 12%. Depreciation on each project is estimated at R25 000 per year. The projects expected profit are as follows: Project Sun Project Moon Year 1 R40 000 R10 000 2 R5 000 R10 000 3 R5 000 R10 000 4 (R15 000) R10 000 3.2 Calculate the NPV for each project (9 marks)