Widharse's Custom Construction Company is corsidering three new projects, each requiring an equipment invertment of 524,420 . Each project will last for 3 years and produce the following net annual cashflows. The equipment's salvage value is zero, and Wilchorse uses straight-ine depreciation. Wildhorse will not accept any project with a cash payback period over 2 years. Wildhorse's required rate of return is 12%. Click here to view PV table. (a) Compute each projects payback period, (Round onnwers to 2 decimal places es. 15.25.) The must desirable project based on payback period is Which is the least desirnble project? The least desirable project based on paybock period is (b) Compute the net preserit value of each project. (Enter negative omounts using elther a negutive sign preceding the number es. 45 or porentheses es. (451. Round final answers to the nearest whole dollar, es 5,275. For calculation purposes, use 5 decimol ploces os disployed in the foctor table provided ) AA 88 cC Which is the most desirable project based on net gresent value? The most desirable project based on net present value is Which is the least desirable proicct based on net present value? The least desirable project based on net present value is