Question 1 0.25/1 View Policies Show Attempt History Current Attempt in Progress U3 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 $164,800 Project Edge $180,250 Project Clayton $208.000 Capital investment Annual net income: Year 1 14,420 18,540 27.810 14,420 17.510 23,690 14,420 16,480 21,630 14.420 12,360 13,390 9,270 12,360 14.420 $72,100 $74,160 $98.880 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 the factor table. . Your answer is incorrect. Compute the net present value for each project. (Round answers to O decimal places, eg. 125. If the net present value is negative, use either a negative sign preceding the number eg -45 or 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 $ i $ e Textbook and Media Assistance Used