West Coast Industries Inc. wishes to evaluate three capital investment projects by using the net present value method. Relevant data related to the projects are summarized as follows:

Assuming that the desired rate of return is 12%, prepare a net present value analysis for each project. Use the present value of $1 table presented above in your computations. If the net present value is negative, enter a negative amount.

Expansion Facilities Network Amount to be invested $904,830 $582,177 $314,266 Annual net cash flows: Year 1 416,000 291,000 171,000 Year 2 387,000 262,000 118,000 Year 3 354,000 233,000 86,000 Present Value of $1 at Compound Interest Year 6% 10% 12% 15% 20% 1 0.943 0.909 0.893 0.870 0.833 N 0.890 0.826 0.797 0.756 0.694 0.840 0.751 0.712 0.658 0.579 4 0.792 0.683 0.636 0.572 0.482 5 0.747 0.621 0.567 0.497 0.402 6 0.705 0.564 0.507 0.432 0.335 000 7 0.665 0.513 0.452 0.376 0.279 0.627 0.467 0.404 0.327 0.233 9 0.592 0.424 0.361 0.284 0.194 10 0.558 0.386 0.322 0.247 0.162 die is negativ enter a negative amount. EZ Expansion Notorious Facilities Short Network Total present value of net cash flow 385,667 X Amount to be invested 904,830 582,177 314,266 Net present value 2. Determine a present value index for each proposal. Round your answers to two decimal places. Present Value Index (Rounded) EZ Expansion Notorious Facilities Short Network 3. The Notorious Facilities has the largest present value index. The Short Network has the lowest net present value and it returns les present value per dollar invested than both the EZ and Notorious Facilities , as revealed by the present value indexes. The present value index for the short Network is less than 1, Indicating that it does not meet the minimum rate of return standard