Need help with finding the project payback period and net present value. Please see attached worksheet.

Doug's Custom Construction Company is considering three new projects, each requiring an equipment investment of $22,610. Each project will last for 3 years and produce the fo Year 1 2 3 Total AA 9,639 12,376 17,969 39,984 BB 12,555 12,555 12,555 37,665 CC 15,589 12,019 13,209 40,817 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 Compute each project's payback period (round to two decimal points). AA ? years BB ? years CC ? years Compute the net present value of each project (round ansers to nearest whole dollar and indicate negative numbers using the negative sign). AA ? BB ? CC ? e following annual cash flows. of return is 12%