12 0.49 points Following is information on two alternative investments being considered by Jolee Company. The company requires a 10% return from its investments. (PV of $1. EV of $1. PVA of $1. and EVA 051) (Use appropriate factor(s) from the tables provided.) Project Project THEIR Investment 57160,000) 51105,000) Expected net cash flows in Year 40,000 32,000 Year 2 56,000 50,000 Year 10,295 66,000 Year 90,400 72.000 Year 5 65,000 24,000 04 3100 look a. For each alternative project compute the net present value b. For each alternative project compute the profitability index. If the company can only select one project, which should it choose? Complete this question by entering your answers in the tabs below. AR Required A Required B rences For each alternative project compute the net present value. Project Initial investment 5 160,000 Chart Values are based on PV Factor Present Value Year Cash Intlowk 1 2 3 Year Cash Inflow X PV Factor Present Value 1 II 2 1111 3 4 Il 11 5 Project B Initial Investment 105,000 Year Cash Inflow X PV Factor 1 Prosent Value 2 . 3 4 5 Required Required B>