U3 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 Project Bono $174.400 Project Edge 5190.750 Project Clayton $214,000 Capital Investment Annual net income Year 1 2. 3 15.260 15.260 15.260 15.260 15. 260 576,300 4 19.620 18.530 17,440 13.080 9810 $78.480 29.430 25,070 22.890 14.170 13.080 $104.640 5 Total Depreciation is computed by the straight line method with no salva value. The company's cost of capitalis 15% (Assume that cash flows occur evenly throughout the year) Your answer is incorrect Compute the cash payback period for each project. (Round answers to 2 decimal places es 10.500) Project Bono years Project Edge years Project Clayton years