Phoenix Company can Invest in each of three three cheese-making projects: C1, C2, and C3. Each project requires an initial Investment of and C3. Each $270,000 and would yield the following annual cash flows. (PV of $1. FV of $1, PVA of $1, and EVA of $1) (Use appropriate factorfs) from the tables provided.) s 26,000 $110,000 $194,000 110,000 182,000110,000 62,000 122,000 74,000 $330,000 $330,000 $330,000 (1) Assume that the company requires a 10% return from its investments. Using net present value, determine which projects, if any, should be acquired. (Negative net present values should be indicated with a minus sign. Round your answers to the nearest whole dollar.) 0 t C 0 Project C2 Initial Investment Cash Inflow x PV Factor Present Value ear Project C3 Cash Inflow x PV Year Factor : Present Value Prev 6 of 7