Question 2 (10 points) Maxima Construction is considering 2 long-term capital investment projects. Each investment has a useful life of 5 years. Relevant data for each project follows: Project Project A B . Capital Investment 300,000 350,000 Annual $ $ Profit 60,000 55,000 Additional Information: Depreciation is calculated by the straight-line method with no residual (salvage) value. The company's cost of capital rate is 6%. . Refer to the excerpts of the Present Value Tables provided below. Required: 1. Compute the cash payback period for each project. (Round to 2 decimals) (2 marks per project, 4 marks total) 2. Compute the net present value for each project. (Round to nearest dollar) (2 marks per project, 4 marks total) 3. Which Project would you recommend and why? (2 marks)