Bill Zimmerman is evaluating two new business opportunities. Each of the opportunities shown below has a ten-year life. Bill uses a 11% discount rate. Option 1 $70,200 $27,300 $4,700 Option 2 $82,000 $29,700 Equipment purchase and installation Annual cash flow Equipment overhaul in year 3 Equipment overhaul in year 5 $6,050 Click here to view the factor table. x Your answer is incorrect. Try again. Calculate the net present value of the two opportunities. (Round present value factor calculations to 4 decimal places, e.g. 1.2514 and the final answers Option 1 Option 2 Net present value $ LINK TO TEXT LINK TO VIDEO x Your answer is incorrect. Try again. Calculate the profitability index of the two opportunities. (Round answers to 2 decimal places, e.g. 15.25.) Option 1 Option 2 Profitability Index