Vishunu Citco Company is considering investing up to $532,000 in a sustainability-enhancing project. Its managers have narrowed theirchoices to three potential projects.•Project A would redesign the production process to recycle raw materials waste back into the production cycle, saving on directmaterials costs and reducing the amount of waste sent to the landfill.Project B would remodel an office building, utilizing solar panels and natural materials to create a more energy-efficient andhealthy work environment.Project C would build a new training facility in an underserved community, providing jobs and economic security for the localcommunity.Required:1. Assuming the cost of capital is 12%, complete the table below by computing the payback period, NPV, profitability index, andinternal rate of return. (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1.)2. Based strictly on the economic analysis, in which project should they invest?Complete this question by entering your answers in the tabs below.Required 1 Required 2Assuming the cost of capital is 12%, complete the table below by computing the payback period, NPV, profitability index, and internal rate ofreturn. (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1.)Note: Use appropriate factor(s) from the tables provided. Do not round intermediate calculations. Negative amounts should be indicated by aminus sign. Round your "NPV" answers to the nearest whole dollar amounts. Round your "PI" and "IRR" answers to 2 decimal places.Project AProject BProject C(Redesign production process)(Remodel office building)(New training facility)(532,000)$106,400$(446,880)63,840$(340,480)$85,1208 years10 years6 years$85,120$79,800$31,9205 years7 years4 yearsRequired investment$Annual cost savings$Project lifeSalvage valuePayback periodNPV @ 12%Profitability index @ 12%Internal rate of return%%%< Required 1Required 2 >Show less A

Payback Period Method- The payback period method is the method, by which the time period of recovery…

Project A (Redesign production process) Project B (Remodel office building) (532,000) $ (446,880) $ 106,400 $ 63,840 $ Project C (New training facility) (340,480) 85,120 8 years 10 years 6 years $ 85,120 $ 79,800 $ 31,920 5 years 7 years 4 years equired investment $ nual cost savings $ oject life alvage value ayback period PV @ 12% ofitability index @ 12% ternal rate of return % % %