Step 1: Idea:
Since $w^3 = 1$, the powers of $w$ repeat in a cycle of length 3: $w^1 = w,\ w^2,\ w^3 = 1,\ w^4 = w,\dots$.
Step 2: Find remainders of the exponents on division by 3:
10 leaves remainder 1, so $w^{10} = w$. 7 leaves remainder 1, so $w^7 = w$. 5 leaves remainder 2, so $w^5 = w^2$.
Step 3: Add up:
$(w - w) + (w^2 - w^2) + 1 = 0 + 0 + 1 = 1$.
Final Answer:
The expression equals 1, option (C).
\[ \boxed{1} \]