11:24p.m HW 10 3 of 3 < View Policies -/16 E Current Attempt in Progress Blossom Company is considering three long-term capital investment proposals. Each investment has a useful life of 5 years. Relevant data on each project are as follows. Project Bono Project Edge Project Clayton vestment $164,800 $180,250 $206,000 t income: 1 14,420 18,540 27,810 2 14,420 17,510 23,690 3 14,420 16,480 21,630 14,420 12,360 13,390 5 14,420 9,270 12,360 tal $72,100 $74,160 $98,880 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.)