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		Project Edge		Project Clayton
Capital investment		$174,400		$190,750		$214,000
Annual net income:
Year 1		15,260		19,620		29,430
2		15,260		18,530		25,070
3		15,260		17,440		22,890
4		15,260		13,080		14,170
5		15,260		9,810		13,080
Total		$76,300		$78,480		$104,640

Depreciation is computed by the straight-line method with no salvage value. The companys cost of capital is 15%. (Assume that cash flows occur evenly throughout the year.)

Compute the net present value for each project. (Round answers to 0 decimal places, e.g. 125. If the net present value is negative, use either a negative sign preceding the number eg -45 or parentheses eg (45). For calculation purposes, use 5 decimal places as displayed in the factor table provided.)

		Project Bono		Project Edge		Project Clayton
Net present value		(6323.20)		(7970.46)		?????