Current Attempt in Progress Blossom 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 Bono Project Edge Project Clayton Capital investment $166,000 $176,000 $206,000 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 company's cost of capital is 15% (Assume that cash flows occur evenly throughout the year.) Click here to view the factor table *Your answer is incorrect. Compute the net present value for each project. (Round answers to O decimal places, eg. 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.) Project Bono Net present value $ eTextbook and Media Save for Later 33200 Project Edge 35200 Project Clayton 41200 Attempts: 1 of 3 used Submit Answer (c) The parts of this question must be completed in order. This part will be available when you complete the part above