Check my Following is information on two alternative investments being considered by Jolee Company. The company requires a 12% return from its investments. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) Project A $ (187,325) Project B $(154,960) Initial investment Expected net cash flows in: Year 1 Year 2 Year 3 Year 4 Year 5 54,000 46,000 84,295 96,400 58,000 26,000 60,000 63,000 78,000 20,000 a. For each alternative project compute the net present value. b. For each alternative project compute the profitability index. If the company can only select one project, which should it choose? Complete this question by entering your answers in the tabs below. Required A Required B For each alternative project compute the net present value. Project A $ 187,325 Initial Investment Chart Values are Based on: i = % Year Cash Inflow PV Factor Present Value 1 2 3 4 5 Initial Investment Project B $ 154,960 PV Factor Year Cash Inflow Present Value Project B $ 154,960 Initial Investment Year Cash Inflow PV Factor = Present Value 1 2 3 4 5