XYZ Corporation is currently evaluating multiple projects for investment but is experiencing capital rationing due to a limited budget. The firm has projected cash flows for three potential projects:

- Project A requires an initial investment of $500,000 with an expected annual cash inflow of $120,000 for 5 years.

- Project B requires an initial investment of $300,000 with an expected annual cash inflow of $80,000 for 5 years.

- Project C requires an initial investment of $200,000 with an expected annual cash inflow of $55,000 for 5 years.

Given that the total budget available for new projects is $700,000, which combination of projects should the firm select to maximize its total cash inflow?