You are the head of the project selection team at Broken Arrow records. Your team is considering three different recording projects. Based on the past history, Broken Arrow expects at least a rate of return of 20 percent. Answer the following questions using numerical analysis considering the information for each project given below: 1. Describe the project priority system. 2. Which one should be Broken Arrows first priority? 3. Should Broken Arrow fund any of the other projects? If so, what should be the order of priority based on return on investment? 4. Explain the criteria that you have applied to answer Question 2 and 3. Why have you applied this selection criteria? Explain. Recording Project: Time Fades Away Year Investment Revenue Stream 0 $600,000 0 1 600,000 2 75,000 3 20,000 4 15,000 5 10,000 Recording Project: On the Beach Year Investment Revenue Stream 0 $400,000 0 1 400,000 2 100,000 3 25,000 4 20,000 5 10,000 Recording Project: The Nights Year Investment Revenue Stream 0 $200,000 0 1 200,000 2 125,000 3 75,000 4 20,000 5 10,000.