Net Present Value Method, Present Value Index, and Analysis West Coast Industries Inc. wishes to evaluate three capital investment projects by using the net present value method. Relevant data related to the projects are summarized as follows: EZ Notorious Short Expansion Facilities Network Amount to be invested $614,495 $393,154 $236,465 Annual net cash flows: Year 1 288,000 193,000 130,000 Year 2 268,000 174,000 90,000 Year 3 245,000 154,000 65,000