Doug's Custom Construction Company is considering three new projects, each requiring an equipment investment of $22.880. Each project will last for 3 years and produce the following net annual cash flows. Year AA BB CC 1 $7,280 $10.400 $13,520 2 Unresolved 10,400 12,480 3 12,480 10,400 11,440 Total $29,120 $31,200 $37,440 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. (b) Compute the net present value of each project. (Enter 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. 5,275. For calculation purposes, use 5 decimal places as displayed in the factor table provided.) 6240 BB (2080) CC (9360)