Doug's Custom Construction Company is considering three new projects, each requiring an equipment investment of $24,420. Each project will last for 3 years and produce the following net annual cash flows. Year AA BB CC 1 2 $7,770 $11,100 $14,430 9 ,990 11,100 13,320 13,320 11,100 12,210 3 Total $31,080 $33,300 $39,960 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 of return is 12%. Click here to view PV table. Compute the net present value of each project. (Enter negative amounts using either a negative sign preceding the number eg. 45 or parentheses es. (45). Round final answers to the nearest whole dollar, eg. 5,275. For calculation purposes, use 5 decimal places as displayed in the factor table provided.) 12883.93 10617.37 8689.86