Question 5 (20 marks) Alexander Inc. is considering four proposals for the construction of new facilities. The Accountantis supposed to evaluate four proposals. Proposal 1 Proposal 2 Proposal 3 Proposal 4 Payback period 3 years 4 years 4 years 7 years Net present value $80,000 $178,000 $166,000 $308,000 Internal rate of retum 12% 14% 11% 13% Accrual accounting 8% 4% 6% rate of return I 7% Required: How can this information be used in the decision making process for the new facilities? Does it cause any confusion? Which is the best proposal in your overview and why