ASAP

Phoenix Company can invest in each of three cheese-making projects: C1, C2, and C3. Each project requires an initial investment of $264,000 and would yield the following annual cash flows. (PV of $1. FV of S1, PVA of $1, and FVA of $) (Use appropriate factorfs) from the tables provided.) C2 24,000 $188,0e0 $192,800 120,000 108,800 72,000 C1 C3 Year 1 Year 2 Year 3 Totals 180,800 18,000 60,e00 $324,000 $324,000 $324,000 (1) Assume that the company requires a 10% return from its investments, using net present value, determine which projects, if any. should be acquired. (Negative net present values should be indicated with a minus sign. Round your answers to the nearest whole dollar.) Values are Based on: Cash Inflow PV FactorPresent Val PV FactorPresent Value