ations Doug's Custom Construction Company is considering three new projects, each requiring an equipment investment of $27.500. Each project w years and produce the following net annual cash flows. as for S Support Year 1 2 3 Total AA BB $8,750 $12,500 11,250 12,500 15,000 12,500 $35,000 $37,500 cc $16,250 15,000 13,750 $45,000 The equipment's salvage value is zero, and Doug uses straight-line depreciation. Doug will not accept any project with a cash payback period over 2 years. Doug's required rate of return is 12%. Click here to view PV table. Compute each project's payback period. (Round answers to 2 decimal places, eg. 15.25.) years years years Which is the most desirable project? The most desirable project based on payback period is Show All 5 file (1).jpeg file-2.jpeg Math 211_Onlin....zip Math 211 Onlin....20 Which is the most desirable project? The most desirable project based on payback period is Which is the least desirable project? The least desirable project based on payback period is (b) Compute the net present value of each project. (Enter negative amounts using either a negative in preceding the number 8.45 or parentheses Round final answers to the nearest whole dollar, e.g. 5,275. For calculation purposes, use 5 decimal places as displayed in the factor table provided Which is the most desirable project based on net present value? The most desirable project based on net present value is Which is the least desirable project based on net present value? The least desirable project based on net present value is M ath 211 Onlin. zip Math 211 Onlin.... 2p file-2.jpeg sx file (1).jpeg