Sheffield Manufacturing Company is considering three new projects, each requiring an equipment investment of $26,800. Each project will last for 3 years and produce the following cash flows. The salvage value for each of the projects is zero. Sheffield uses straight-line depreciation. Sheffield will not accept any project with : payback period over 2.3 years. Sheffield's minimum required rate of return is 12%. Compute the net present value of each project. (Use the above table.) (Round factor values to 5 decimal places, eg. 1.25124 and final answers to 0 decimal places, e.g. 5,275.) Indicating the most desirable project and the least desirable project using this method. Most desirable Least desirable