Problem 25-01A a-d (Video) (Part Level Submission) Crane Company is considering three long-term capital investment proposals. Each investment has a useful life of 5 years. Relevant data on each project are as follows. Project Bono Project Edge Project Clayton Capital investment $163,200 $178,500 $202,000 Annual net income: Year 1 14,280 18,360 27,540 2 14,280 17,340 23,460 14,280 16,320 21,420 4 14,280 12,240 13,260 5 14,280 9,180 12,240 Total $71,400 573,440 $97.920 Depreciation is computed by the straight-line method with no salvage value. The company's cost of capital is 15%. (Assume that cash flows occur evenly throughout the year) Click here to view.PV tabin (a) Your answer is correct. Compute the cash payback period for each project. (Round answers to 2 decimal places, e.g. 10.50.) Project Bono 3.48 years Project Edge 3.40 years Project Clayton 3.17 years Click if you would like to Show Work for this question: Open Show Work Compute the net present value for each project. (Round answers to 0 decimal places, e.g. 125. If the net present value is negative parentheses eg (45). For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Project Bono Project Edge Project Clayton Net present value -5917 -7458 -7794.23 Click if you would like to Show Work for this question: Open Show Work