Monson Company is considering three investment opportunities with cash flows as described below:

Project ABC

Cash investment now$15,000

Cash inflow at the end of 5 years$21,000

Cash inflow at the end of 8 years$21,000

Project DEF:

Cash investment now$11,000

Annual cash outflow for 5 years $3,000

Additional cash inflow at the end of 5 years $21,000

Project GHI

Cash investment now$21,000

Annual cash outflow for 4 years $11,000

Cash outflow at the end of 3 years$5,000

Additional cash inflow at the end of 4years $15,000

What is the net present value of each project assuming Monson Company uses a 12% discount rate?