Exercise 24-7 (part level submission) Ueker Company is considering three capital expenditure projects. Relevant data for the projects are as follows. Project Investment Annual Income Life of Project 22A $243,360 $17,680 6 years 23A 274,590 20,700 9 years 24A 283,490 17,540 7 years Annual income is constant over the life of the project. Each project is expected to have zero salvage value at the end of the project. Ueker Company uses the straight-line method of depreciation. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.)

Annual income is constant over the life of the project. Each project is expected to have zero salvage value at the end of the project. Ueker Company uses the straight-line method of depreciation.

(For calculation purposes, use 5 decimal places as displayed in the factor table provided.)