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Phoenix Company can inest in each of three c-making projects: C1, C2, and C3. Each project requires an initial investment of $276,000 and would yield

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Phoenix Company can inest in each of three c-making projects: C1, C2, and C3. Each project requires an initial investment of $276,000 and would yield the following annual cash flows. Py of $1. FV of $1. PVA of $1. and FVA of $1) (Use appropriate factor(s) from the tables provided. Negative amounts should be indicated by a minus sign.) C2 $ 28,000 112,000 $196,000 C1 C3 Year 1 Year 2 Year 3 124,000 112,000 184,000 76,000 64,000 112,000 Totals $336,000 $336,000 $336,000

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