PROBLEMS: SET A U3 Company is considering three long-term capital investment proposals. Each investment has a useful life 5 years. Relevant data on each project are as follows compute annue return, cash pa Project Project clayton present value Bono Edge Project 1,2,5. A $160,000 $175,000 $200,000 Capital investment Annual net income: Year 1 14,000 XLS 18,000 27,000 14,000 23,000 17,000 14,000 16,000 21,000 14,000 13,000 12,000 12,000 9,000 14,000 96,000 70,000 72,000 Total Depreciation is computed by the straight-line method with no salvage value. The company's cost of capital is 15%. (Assume that cash flows occur evenly throughout the year.) Instructions for each project. (Round decimals.) (a) Compute the cash payback period (Round to nearest dollar) b Compute the net present value for each project. (b) E