3 Following is information on two alternative investments projects being considered by Tiger Company. The company requires a 12% return from its investments. (PV of $1. FV of S1. PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) Project : 5 (100,000) Project x2 5 (143,000) 3.33 points Initial investment Net cash flows in Year 1 Year 2 Year 3 35,000 45,500 70,500 75,000 65,000 55,000 035130 a. Compute each project's net present value. b. Compute each project's profitability Index. If the company can choose only one project, which should it choose on the basis of profitability Index? Print Complete this question by entering your answers in the tabs below. Required A Required B Compute each project's net present value. (Round your answers to the nearest whole dollar) Net Cash Flows Present Value of Present Value of 1 at 12% Net Cash Flows Project X 1 Year 1 Year 2 Year 3 Totals In investment Net present value Project X2 Year 1 Year 2 Years Totals Inital investment Net present value ROLA Required B >