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Sheridan Company is considering three long - term capital investment proposals. Each investment has a useful life of 5 years. Relevant data on each project

Sheridan 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.
\table[[,Project Bono,Project Edge,Project Clayton],[Capital investment,$165,000,$178,000,$202,000
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