Sandhill 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 $168,000 Project Edge $183,750 Project Clayton $202,000 Capital investment Annual net income: Year 1 14,700 18,900 2 3 14,700 14,700 14,700 14,700 $73,500 17,850 16,800 12,600 9,450 28,350 24,150 22,050 13,650 12,600 $100,800 4 5 Total $75,600 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 table. (a) (b) Your answer is incorrect. Compute the net present value for each project. (Round answers to 0 decimal places, e.g. 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 $ $ $