Relevant data on each project are as follows.

$\backslash$table$[[,$Project Bono,Project Edge,Project Clayton$],[$Capital investment,$$160,000,$$$175,000,$$$200,000],[$Annual net income:$],[$Year $1,14,000,18,000,27,000],[2,14\mathrm{.}000,17\mathrm{.}000,23\mathrm{.}000],[3,14,000,16,000,21\mathrm{.}000],[4,14,000,12\mathrm{.}000,13\mathrm{.}000],[5,14,000,9\mathrm{.}000,12,000],[$Total$,$$$70,000,$$$72,000,$$$96,000]]$

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.$)$

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$($a$)$

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Your answer is correct.

Compute the cash payback period for each project. $($Round answers to $2$ decimal places, e$\mathrm{.}3.10\mathrm{.}50.)$

Project Bono $$ years

Project Edge $$ years

Project Clayton $$ vears

Compute the net present value for each project. $($Round answers to $0$ decimal places, e$.$g$.125.$ If the net present value is negative, use either a negative sign preceding the number eg $-45$ or parentheses es $(45).$ For calculation purposes, use $5$ decimal places as displayed in the factor table provided.$)$

$\backslash$table$[[,$Project Bono,,Project Edge,,Project Clayton$],[$$$,,$$$,,$$$,]]$