4. Exercise 24-10 NPV and profitability index LO P3 3.12 points Following is information on two alternative investments being considered by Jolee Company. The company requires a 8% return from its investments. (PV of $1. FV of $1. PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) Project A $(177,325) Project B $(145,960) eBook Initial investment Expected net cash flows in: Year 1 Year 2 Year 3 Year 4 Year 5 49,000 41,000 81,295 83,400 58,000 40,000 45,000 59,000 80,000 35,000 Hint Print 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. Required A Required B Project A In talvestment $ 177,325 Chart Values are Based on: Cash Inflow X PV Factor Present Valu Year 1 2 3 4 5 Incalvestment Year Cash Inflow Project $ 145.900 PV Factor Present Value 2 3 a. For each tensive project compute the net present value b. For each alternative project compute the profitability index the company can only select one project, which should it choose? Complete this question by entering your answers in the tabs below. Here Are for each brative projecompute the profitability index. If the company can only select one project, which should choose Choror Choose Profitabaty Index Pro the company can only sector project, which should chec