14. Pedro's Plumbing has evaluated three projects: - Project A: Buy a new fleet of delivery vehicles Investment, $750,000; net present value, $200,000; payback, 5 years - Project B: Re-equip the warehouse for greater efficiency Investment, \$1,000,000; net present value, $250,000; payback, 4 years - Project C: Launch a new line of products Investment, $1,500,000; net present value, $300,000; payback, 6 years All three projects are acceptable as they have positive net present values, but the company is short of cash and cannot invest in all of them. Required If the company can only invest in one of the projects, which one would you recommend