Ayayai Manufacturing Company is considering three new projects, each requiring an equipment investment of $22,300. Each project will last for 3 years and produce the following cash flows." The salvage value for each of the projects is zero. Ayayai uses straight-line depreciation. Ayayai will not accept any project with a payback period over 2.2 years. Ayayai's minimum required rate of return is 12%. Compute the net present value of each project. (Use the above table.) (Round factor values to 5 decimal places, e.g. 1.25124 and final answers to 0 decimal places, e.g. 5, 275.) Indicating the most desirable project and the least desirable project using this method