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Brambles Custom Construction Company is considering three new propects, esch requiring an equipment investment of $26,840. Each project will last for 3 years and produce the following net annual cash flows. The equipment's salvage value is zero, and Bramble uses straight-Eine depreciation. Bramble will not accept any project with a cash payback period over 2 years. Bramble's required rate of return is 12% click here to vew py table. (a) Compute each proiect's paybackperiod. (Round answers to 2 decimal places. e. 15.25 ) The equipment's salvage value is zero, and Bramble uses straight-line depreciation. Bramble will not accept any project with a cash payback period over 2 years. Bramble's required rate of return is 12%. Click here to view PV table. (a) Compute each project's payback period. (Round answers to 2 decimal places, e.g. 15.25.) AA BB cc years: years years Which is the most desirable project? The most desirable project based on payback period is The least desirable profect based en payback period is (b) Compute the net present value of each project. (Enter negative amounts using either a negative sign preceding the number e.s. -45 or porentheser e.s. (45). Round final answers to the neareit whole dollat, es. 5.275 . For calculation purposes, use 5 decimal places as displayed in the factor table provided) AA B cC Which is the mast desirable project based on net aresent value? Which is the most desirable project based on net present value? The most desirable project bosed on net present valie i Which is the least desirable project bared on net present. The least desirable project based on net present value in

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