Wellington Corporation estimates that it will have $500,000 available for capital investments next year. Half of this will be reserved for emergency projects and half will be invested in the most desirable projects from the following list. None of the investments has residual value. Project Number Added Investment Expected After-Tax Cash Inflow Estimated Life of Project.

Required:
Rank the projects in order of theirdesirability.

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100,000 S100,000 S 40,000 S 20,000 S 50,000 S25,000 S30,000 S 5,000 S10,000 S12,500 6 years years 15 years 2 years years 2.