$8,000 Year 1 $4,000 $8,000 Year 2 $9,000 $8,000 Year 3 $8,000 Year 4 $8,000 $20,000 $15,000 $10,000 $5,000 Net Cash Flows (Stout) *+ableau Year 5 $13,000 $20,000 $18,000 $0 $5,000 $10,000 $15,000 $20,000 Net Cash Flows (Boise) 1. Compute the net present value of each project. 2. Based on net present values, which project(s) should the company Invest In? 3. Compute the profitability Index for each project. If the company can select only one project, which should it choose on the basis o profitability Index? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the net present value of each project. Stout Year 1 Year 2 Year 3 Year 4 Year 5 Totals Initial investment Net present value Boise Year 1 Year 2 Year 3 Year 4 Year 5 Totals Initial investment Net present value Present Value of 1 Present Value of Net Cash Flows at 12% Net Cash Flows