Doug's Custom Construction Company is considering three new projects, each requiring an equipment investment of $24,200. Each project will last for 3 years and produce the following net annual cash flows.

Year	AA	BB	CC
1	$7,700		$11,000		$14,300
2	9,900		11,000		13,200
3	13,200		11,000		12,100
Total	$30,800		$33,000		$39,600

The equipment's salvage value is zero, and Doug uses straight-line depreciation. Doug will not accept any project with a cash payback period over 2 years. Doug's required rate of return is 12%

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