2. You are considering the following two mutually exclusive projects. The crossover point isand Projectshould be accepted if the discount rate for the project exceeds the crossover rate. Project AProject B $4,500 $4,500 2,500 2,000 1,000 1.300 1,000 3,500 3. An investment has an initial cost of $2.30 million and will generate the net income amounts shown below. This investment will be depreciated straight line to zero over the life of the project. Should this project be accepted based on the average accounting rate of retur if the required rate is 16 percent? Why or why not? Year Net income $168,300 $181,200 $128,700 $252.400 $230,500 4. What is the payback period for a $20,000 investment with following cash flows? Year Cash flow $2.700 $8.300 $6,800 $4.800$2.200