U3 company is considering three long-term capital investment proposals. each investment has a useful life of 5 years. relevant data on each project are as follows.
project bono project edge project clayton
capital investment $164,800 $180,250 $206,000
annual net income:
year 1 14,420 18,540 27,810
2 14,420 17,510 23,690
3 14,420 16,480 21,630
4 14,420 12,360 13,390
5 14,420 9,270 12,360
total $72,100 $74,160 $98,880
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.)
1. compute the cash payback period for each project. (round answers to 2 decimal places, e. g. 10.50.)
2. compute the net present value for each project. (round answers to 0 decimal places, e. g. 125.)

He moto hotel opened for business on may 1, 2017. here is its trial balance before adjustment on may 31. moto hotel trial balance may 31, 2017 debit credit cash $ 2,283 supplies 2,600 prepaid insurance 1,800 land 14,783 buildings 72,400 equipment 16,800 accounts payable $ 4,483 unearned rent revenue 3,300 mortgage payable 38,400 common stock 59,783 rent revenue 9,000 salaries and wages expense 3,000 utilities expense 800 advertising expense 500 $114,966 $114,966 other data: 1. insurance expires at the rate of $360 per month. 2. a count of supplies shows $1,050 of unused supplies on may 31. 3. (a) annual depreciation is $2,760 on the building. (b) annual depreciation is $2,160 on equipment. 4. the mortgage interest rate is 5%. (the mortgage was taken out on may 1.) 5. unearned rent of $2,580 has been earned. 6. salaries of $810 are accrued and unpaid at may 31