1. The following are data for two IT projects for a new database system. Prepare a spreadsheet for two projects, using the following data. Amounts are in thousands of dollars. Calculate the NPV for each. (Please assume a Discount Rate of 10%) Year 1 Year 2 Year 3 Year 4 Year 5 Total Project 1 Benefits Costs $0 $2,000 $3,000 $4,000 $5,000 $5,000 $1,000 $1,000 $1,000 $1,000 tbd Cashflow ($5,000) $1,000 $2,000 $3,000 $4,000 $5,000 tbd Project 2 Benefits Costs Cashflow $2,000 $3,000 $5,000 $3,000 $1,000 tbd $2,000 $2,000 $2,000 $2,000 $1,000 tbd $0 $1,000 $3,000 $1,000 $0 $5,000