Whitney Company is contemplating three different equipment investments. The relevant data follows:

	Proposal D	Proposal O	Proposal G
Cost	$2,000,000	$300,000	$830,000
Annual cash savings (end of year)	$40,000	$70,000	$150,000
Terminal salvage value	$10,000	$5,000	$20,000
Estimated useful life in years	10	10	10
Minimum desired rate of return	12%	12%	12%
Method of depreciation	Straight-line	Straight-line	Straight-line

The present value factor of an ordinary annuity of one for 10 periods at 12% is 5.6502. The present value factor of one for 10 periods at 12% is 0.322.

Compute the net present value of each investment. Ignore income taxes

B) If only one investment can be acquired, which investment should be chosen?