Project Bono Project Edge Project Clayton Capital Investment $165,000 $178,000 $ 202,000 Annual net income: Year 1 14,420 18,540 27,810 2 14,420 17,510 23,690 3 14,420 16,480 21,630 4 14,420 12,360 13,390 5 14,420 9270 12360 Total $72,100 $74,160 $98,880 Depreciation is computed by the straleht-line method with no salvage value. The company's cost of capital is 15%. (Assure that cash flows occur evenly throughout the year) Compute the net present value for each project. (Round answers to decimal places, es 125. the net present value is negative, use either a negative sin preceding the number es - 45 or parentheses ex (45). For calculation purposes, use 5 decimal places os displayed in the factor table provided) Project Bono Project Edge Project Clayton Net present value