6 Following is information on two alternative investments projects being considered by Tiger Company. The company requires an 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.) 2 points Initial investment Project X1 $ (98,000) Project X2 $ (142,000) Net cash flows in: Year 1 34,000 Year 2 44,500 Year 3 69,500 73,500 63,500 53,500 eBook Print 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? Complete this question by entering your answers in the tabs below. References Required A Required B Compute each project's net present value. (Round your answers to the nearest whole dollar.) Present Value of Present Value of 1 at 8% Net Cash Flows Net Cash Flows Project X1 Year 1 Year 2 Year 3 Totals Initial investment Net present value Project X2 Year 1 Year 2 Year 3 Totals Initial investment Net present value Required A Required B >