A company has two investment opportunities. Alternative 1 (Alt. 1) pays $8,000 (inflow) two years from now, and $28,000 (inflow) four years from now. Alternative 2 (Alt. 2) pays $6,000 (inflow) at the end of every year for five years. Interest is 7.88% compounded annually. Which is the preferable alternative? Round the values for PV to the nearest cent. Round the values for Alt. 1 and Alt. 2 to the nearest dollar.