Pharoah's Custom Construction Company is considering three new projects, each requiring an equipment imvestment of $25,740. Each project will last for 3 years and produce the following net annual cash flows. The equipment's salvage value is zero, and Pharoah uses straight-line depreciation. Pharoah will not accept any project with a cash payback period over 2 years. Pharoah's required rate of return is 12%. Click here to view the factor table. Compute the net present value of each project. (Enter negative amounts usirg elther a negative sign preceding the number eg -45 or parentheses es. (45). Round final answers to the nearest whole dollar, es.5.275. For calculotion purposes, use 5 decimal ploces as disployed in the foctor table provided) AA BB CC Which is the most desirable project based on net present value? The most desirable project based on net present value is Which is the least desirable project based on net present value? The least desirable project based on net present value is TABLE 1 Future Value of 1 TABLE 2 Future Value of an Annuity of 1 TABIE 2 Future Value of an Annuity of 1 TABI.E 4. Present Value of an Annuity of 1