Check my work Following is information on two alternative investments being considered by Jolee Company. The company requires a 8% 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.) Project A $(179,325) Project B $(148,960) Initial investment Expected net cash flows in Year 1 Year 2 Year 3 Year 4 Year 5 53,000 51,000 85,295 96,400 59,000 41,000 44,000 56,000 79,000 23,000 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 Initial Investment $ 179,325 Chart Values are based on: % Year Cash Inflow PV Factor Present Value