NewTech is considering a variety of new research a development projects. The projects provide the following cash flows:
0 1 2 3 4
Project A -12,000 3,000 3,000 3,000 3,000
Project B -22,000 15,000 7,500 5,000 0
Project C -7,000 2,000 2,000 2,000 2,000
Which project(s) should NewTech accept if its cost of capital is 5.1%?