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1 LV Suomission) Sheffield Company is considering three long-term capital investment proposals. Each Investment has a ful We of 5 years. Relevant data on each

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1 LV Suomission) Sheffield Company is considering three long-term capital investment proposals. Each Investment has a ful We of 5 years. Relevant data on each project are as follow Project Edge Project Bono $164,000 Project Clayton Capital investment Annual net income $180,250 5204,000 Year 14,420 18,540 27,810 2 14,420 17,510 23,690 3 14,420 16.480 21,630 4 14,420 12,360 13,390 5 14,420 9,270 12.360 Total $72,100 574,160 398,880 Depreciation is computed by the straight line method with no salvage value. The company's cost of capital is 15%. (Assume that cash flows occur evenly throughout the year (b) Compute the net present value for each project. (Hound answers to decimal place the met een van is negative, sehr eie von preceding the number 0.5 or parentheses (5) Forcation purpose, we decimal places displayed in the factor table rovided) Project Bono Project Edge Project Clayton Net prenent value

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