9 15 points 03 02:40:46 Company DL must choose between two business opportunities. Opportunity 1 will generate $14,000 before-tax cash in years 0 through 3. The annual tax cost of Opportunity 1 is $2,500 in years 0 and 1 and $1,800 in years 2 and 3. Opportunity 2 will generate $14,000 before-tax cash in year 0, $20,000 before-tax cash in years 1 and 2, and $10,000 before-tax cash in year 3. The annual tax cost of Opportunity 2 is $4,000 in years 0 through 3. Use Appendix A and Appendix B Required: a1. Complete the below tables to calculate NPV. Assume that the discount rate is 10 percent. a2. Which opportunity should Company DL choose? Complete this question by entering your answers in the tabs below. eBook Req Al Req A2 Ask Complete the below tables to calculate NPV. Assume that the discount rate is 10 percent. Note: Cash outflows should be indicated by a minus sign. Round discount factor(s) to 3 decimal places, all other intermediate calculations and final answers to the nearest whole dollar amount Year 0 Year 1 Print Opportunity 1: Before-tax cash flow Tax cost References Net cash flow S 0 $ Discount factor (10%) Present value $ NPV Opportunity 2 Before-tax cash flow Tax cost Net cash flow $ Discount factor (10%) Present value $ NPV Year 2 Year 3 Req A2 >