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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.

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 Kilo

Project Lima

Project Oscar

Capital investment

$166,000 $178,000 $204,000

Annual net income:

Year 1

14,420 18,540 27,810

2

14,420 17,510 23,690

3

14,420 16,480 21,630

4

14,420 12,360 13,390

5

14,420 9,270 12,360

Total

$72,100 $74,160 $98,880

Depreciation is computed by the straight-line method with no salvage value. The companys cost of capital is 15%. (Assume that cash flows occur evenly throughout the year.)

Compute the net present value for each project. (Round answers to 0 decimal places, e.g. 125. If the net present value is negative, use either a negative sign preceding the number eg -45 or parentheses eg (45). For calculation purposes, use 5 decimal places as displayed in the factor table provided.)

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