The Three Stages partnership is considering three long-term capital investment proposals. Each investment has a useful life om years. Relevant data on each project are as follows: Project Duo Project Main $172,500 Project Odyssey $184,000 $212,000 Capital investment: Annual net income: Year 1 2 3 $14,950 14.950 14.950 14,950 14.950 $74,750 $20,700 19,550 18.400 13,800 10,350 $82,800 $31,050 25,300 24.150 14,950 13,800 $109,250 4 5 Total Depreciation is calculated by the straight-line method and there is no salvage value. The company's cost of capital is 15%. (Use average net annual cash flows in your calculations.) (a) W MacBook Pro so $ & 7 2 3 5 6 8 9 0 E R T Y U P o S F G H J K L C V B N M Question 40 of 41 .../15 (5) Calculate the net present value for each project. If the answer is negative, use either a negative sign preceding the numberes. -5,275 or parentheses es. (5,275). For calculation purposes, use 5 decimal places as displayed in the factor table provided, es, 1.25124 and final answers to decimal places, es 5,275.) Click here to view PV table Net present value Project Main $ Project Odyssey $ Project Duo $ Save for Later Attempts: 0 of 1 used Submit Answer (c) The parts of this question must be completed in order. This part will be available when you complete the part above. P W MacBook Pro SO & $ 4 3 5 7 B 9 W E R T U O S D F G H J K C V B N. M