Doug's Custom Corstruction Comparry is connsidering three new projects, each requiring an equipment investment of 5 27.060. Each project will last for 3 years and produce the following net annual cash flows. Year AA 8.610 12.300 15,90 2 11.070 12.300 14,760 3 14,760 12.300 13,530 Total 534,440 536,900 5 44,280 lilne depreclatlon red rste pvtable The equipment's sa age alue zero and Doug uses stralcht-line depreciation Doug wi not accept any project th a cash pay ack period o er 2 years. Doug s required ate of eturn s 12%, Click here to view PV tab e Compute each project'spayback perlod.(Round answers to 2 decimal places, es 15.25J is the most desirable project? The mos desirable project based on payback period is Which is the least desirable project? The least desirable project based on payback perlod is Comp te the et present alue of each prolect. nter negative an unts using eithera nego i e s preceding ehe number-45 or pare ses e (45 Round nal answers to the nearest wh le da 4 5275. For ca a tion purposes, e 5 de im f paces as displayed in the ctor to le ed Which is the most desirable project based on net present value? The mos desirable project based on netpresent valueis Which is the least desirable project based on net present value? The least desirable profect based on net present value ts