need urgent in 7 mins

Ayayai Manufacturing Company is considering three new projects, each requiring an equipment investment of $28,900. Each project will last for 3 years and produce the following cash flows. Year AA BB CC 1 $9,300 $12.200 $13,300 2 11.300 3 17.300 12,200 12,300 12.200 11,300 $36.600 $36,900 Total $37.900 The salvage value for each of the projects is zero. Ayayal uses straight-line depreciation. Ayayai will not accept any project with a payback period over 2.3 years. Ayayai's minimum required rate of return is 12%, Click here to view PV tables Compute the net present value of each project. (Use the above table.) (Round factor values to 5 decimal places, e.g. 1.25124 and final answers to O decimal places, eg. 5,275.) AA BB CC Net present value $ $ Indicating the most desirable project and the least desirable project using this method. Most desirable Least desirable Compute each project's payback period. (Round answers to 2 decimal places, eg. 52.75.) AA BB CC Payback period 2.48 years 2.37 years 2.29 years Indicating the most desirable project and the least desirable project using this method. Most desirable Project CC Least desirable Project AA