Current Attempt in Progress Carla Vista 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 $176,000 Project Edge Project Clayton $191,000 $218,000 Capital investment Annual net income: Year 1 15,260 - 19.620 29,430 2 15,260 18,530 25,070 3 15,260 17.440 22,890 4 15,260 13,080 14,170 5 15,260 9,810 $78,480 13,080 $104,640 Total $76,300 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: (a) Your answer is correct. Compute the cash payback period for each project. (Round answers to 2 decimal places, eg, 10.50.) Project Bono 3.49 years Project Edge 3.41 years Project Clayton 3.12 years e Textbook and Media Assistance Used Attempts: 1 of 3 used (b) Compute the net present value for each project. (Round answers to decimal places ag. 125. If the net present value is negative, use either a negative sign preceding the number eg -45 or parentheses es (45). For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Project Bono Project Edge Project Clayton Net present value $ e Textbook and Media Save for Later Attempts:0 of 3 used Submit Answer ) (c) The parts of this question must be completed in order. This part will be avallable when you complete the part above, (d) The parts of this question must be completed in order. This part will be available when you complete the part above