Current Attempt in Progress Wildhorse 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 Edge Project Clayton Project Bono 5171.200 Capital investment $187.250 $202,000 Annual net income 14980 19.260 28.890 2 14,980 28.190 24.610 cu 2 3 14,90 17.120 22.470 4 14 980 12 840 13910 5. 14.980 9.630 12840 Total $74.900 577.040 $102.720 TC Cloudy DOING Type here to search Question 3 of 3 - / 16 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 PV table ta Compute the cash payback period for each project. (Round answers to 2 decimal places, es, 10.50) Project Bono years Project Edge years D Project Clayton years