Sandhill's Custom Construction Company is considering three new projects, each requiring an equipment investment of $26,620. Each project will last for 3 years and produce the following net annual cash flows.

Sandhilis Custom Construction Company is considering three new projects, each requiring an equipment imestmient of $26.620. Each project will last for 3 years and produce the followisg net annual cash flows. The equipment's salvage value is zero, and Sandhill uses straight-line depreciation. Sandhill will not accegt any project witho cash paytack period over 2 years Sandhilis required rate of return is 12%. Click here to view the foctor table. (a) Conpute eachiprojectipayback period. (Round onswers to 2 decinal places es. 15.25) Which int the moncdesirabie propect? The most desirable project based on paybuck period is Which is the least desirable proiect? Theleast desirable project based oci paybickperiod is (b) Compute the set present value of each project, (Enter negative amountr using elther a negative san preceding the nomber es -45 or parentheles es. (45) Round frow onswers bo the nearest whole dollor, es 5.275. for calculatien purposes, use 5 decimal plocer as displayed in the facter table provided!) AA B8 cC Which is the epost deilable project based on net presens value? The ment devirabe progecthakedor net oreanet valten ia Which w the least desirable groject buked on net pizsent valitel