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Optimization of Capital BudgetsUniversity Hospital has four capital projects underconsideration with the following investments and projected cashflows. What is their optimal capital budget allocation if theircorporate cost of capital is 12%?Year012345ProjectA (600,000) 50,000 90,000 150,000 200,000 250,000B (400,000) 80,000 100,000 100,000 100,000 100,000C (700,000) 100,000 220,000 250,000 250,000 250,000D (350,000) 90,000 120,000 150,000 150,000 150,000Optimal Budget??