Jonathan Corporation is evaluating three projects. Each project will return a total of $1,200,000 to the company in cash flows over a three-year period. The cash flows for the three projects are as follows: Project A Year 1 $700,000 4046 Project B 200,000 Year 2 $300,000 300,000 Year 3 Total $200,000 $1,200,000 700,000 1,200,000 Project C 400,000 400,000 400,000 1,200,000 Which project represents the best investment for Jonathan from a time value of money perspective? Which project represents the best investment for Jonathan from a time value of money perspective? Multiple Choice All projects are equally good investments. Project B Project A Project C