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Sandhili's Custom Construction Company is considering three new projects, each requiring an equipment investment of $26,620. Each project will last for 3 years and produce the following net annual cash flows. The equipment's salvage value is zero, and Sandhil uses straight-line depreciation, Sandhill will not accept any project with a cash: payback period over 2 years. Sandhill's required rate of return is 12%. Click here to view the factor table. (a) Compute each project's paybackperiod, (Round answers to 2 decimal places, e.a. 15.25.) AA BB Years CC years Which is the most desirable project? The most desirable project based on payback period is Which is the least desirable project? The least desinable project based on payback period is (b) Compute the net present value of each project. (Enter negative amounts using either a negotive sian preceding the number es. -45 or parentheses e.g. (45). Round finol answers to the nearest whole doller, e.g. 5,275 . For calculation purposes, use 5 decimal ploces as disployed in the foctor table provided.) An BB CC Which is the most desirable project based on riet present value? Compute the net present value of each project. (Enter negative amounts using either a negative sign preceding the number eg. 45 or parentheses e. S. (45). Round final answers to the nearest whole dollar, e.g. 5,275. For calculation purposes, use 5 decimal places as displayed in the factor table provided.) AA BB CC Which is the most desirable project based on net present value? The most desirable project based on net present value is Which is the least desirable project based on net present value? The least desirable project based on net present value is

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