Wildhorse's Custom Construction Company is considering three new projects, each requiring an equipment investment of $$26,840.$Each project will last for $3$ years and produce the following net annual cash flows.YearAABBCC$$8,540$$$12,200$$$15,86010,98012,20014,64014,64012,20013,420$Total$$34,160$$$36,600$$$43,920$The equipment's salvage value is zero, and Wildhorse uses straight$-$line 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.