Seeking assistance with part B.

Crane's Custam Construction Company is considering thres new projects, each reauiring an aquipment investment of $22,440. Each project will last for 3 years and produce the following net annual cash flows. The equipment's salvane value is zero, and Crane uses straight-line depraciation. Crane will not accept any project with a cash payback period over 2 years. Crane's requirad rate of raturn is 125 . Click here to view PV table. (a) Compute each projact's paytack period. (Round answers to 2 decimal places, e\&. 15.25.) AA years BE years CC years Which is the mest desirable projact? The most desirable project based on pryback period is Which is the least desirable project? The least desirable proiect based on payback period is (b) Compute the net present value of each project (Enter negative amounts using either a negative sign preceding the number eg -45 or parentheses eg. (45). Round final answers to the nearest whale dollar, eg. 5,275. For calculation purposes, use 5 decimal places as displayed in the factor table provided.) A BE CC Which is the mest desirable projact based on net present value? The most desirable project based on nat present value is Which is the least desirable project based on nat present value