ces Following is information on two alternative investments projects being considered by Tiger Company. The company requires a 12% return from its investments. (PV of $1. EV of $1. PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) Initial investment Project Xi $ (80,000) Project X2 $ (120,000) Net cash flows in Year 1 Year 2 Year 3 25,000 35,500 60,500 60,000 50,000 40,000 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. Required A Required B Compute each project's net present value. Net Cash Flows Present Value of Present Value of 1 at 12% Net Cash Flows