Exercise 26-11 Your answer is incorrect. Try again. Iggy Company is considering three capital expenditure projects. Relevant data for the projects are as follows. Annual Life of Project Investment Income Project $240,900 $17,590 6 years 72,300 20,790 9 years 15,700 7 years 22A 23A 24A 281,500 Annual income is constant over the life of the project. Each project is expected to have zero salvage value at the end of the project. Iggy Company uses the straight-line method of depreciation. Click here to view PV table Click here to view PV of Annuity table