three long-term capital investment proposals. Each investment has a useful life of 5 years. Relevant data on each project are as follows. Project Bono Project Edge Project Clayton Capital investment $161,600 $176,750 $204,000 Annual net income: Year 1 14,140 18,180 27,270 2 14,140 17.170 23.230 3 14,140 16,160 21,210 4 14,140 12.120 13,130 5 14,140) 9,090 12,120 Total $70,700 $72,720 $96,960 Depreciation is computed by the straight-line method with no salvage value. The company's cost of capital is 15% (Assume that cash flows occur evenly throughout the year) Compute the cash payback period for each project. (Round answers to 2 decimal places, eg. 10.50.) Project Bono years Project Edge years Project Clayton years