Blossom's Custom Construction Company is considering three new projects, each requiring an equipment investment of $22.220. Each project will last for 3 years and produce the following net annual cash flows.

Year AA BB CC

1 7070. 10,100 13,130

2 9,090 10,100 12,120

3 12,120 10,100 11,110

Total: 28,280 30,300 36,360

The equipment's salvage value is zero, and Blossom uses straight-line depreciation. Blossom will not accept any project with a cash payback period over 2 years. Blossom's required rate of return is 12%. Click here to view the factor table.

1. Compute the net present value of each project. (Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses eg. (45) : 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.)

AA:

BB:

CC: