CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Exercise 12-2 (Video) Doug's Custom Construction Company is considering three new projects, each requiring an equipment investment of $26,400. Each project will last for 3 years and produce the following net annual cash flows. Year AA BB CC 1 $8.400 $12,000 $15,600 2 10,800 12,000 14,400 3 14,400 12,000 13,200 $33,600 $36,000 $43,200 Total The equipment's salvage value is zero, and Doug uses straight-line depreciation, Doug will not accept any project with a cash payback period over 2 years. Doug's required rate or return is 12%. Click here to view pv table Compute each project's payback period. (Round answers to 2 decimal places, 0.g. 15.25.) AA years BB years years IPO Which is the most desirable project? The most desirable project based on payback periodis Which is the least desirable project? The last desirable project based on payback period is Compute the net present value of each project. (Ente negative amounts using either a negative sign preceding the number e.g. -45 or parentheses eg. (45). Round final answers to the nearest whole dollar, e.g. 5,75. For calculation purposes, use 5 decimal places as displayed in the factor table provided) AA wa Which is the most desirable project based on not present value Soul The most desirable project based on net present value is Which is the least desirable project based on net present value? ||||||| Poster The least desirable project based on net present value is Show Work is REQUIRED for this question: Open Show Work LINK TO TEXT LERE TO TEXT VIDEO SIMILAR CERISE