(Present value of an uneven stream of payments) You are given three investment alternatives to analyze. The cash flows from these three investments are asfollows:

End of Year A B C

1 $2,000 $3,000 $4,000

2 3,000 3,000 4,000

3 4,000 3,000 (4,000)

4 -5,000 3,000 (4,000)

5 5,000 5,000 14,000

What is the present value of each of these three investments if the appropriate discount rate is 15 percent?