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Company DL must choose between two business opportunities. Opportunity 1 will generate $22,400 before-tax cash in years 0 through 3. The annual tax cost of

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Company DL must choose between two business opportunities. Opportunity 1 will generate $22,400 before-tax cash in years 0 through 3. The annual tax cost of Opportunity 1 is $4,032 in years 0 and 1 and $2,688 in years 2 and 3 . Opportunity 2 will generate $22,400 before-tax cash in year 0,$30,800 before-tax cash in years 1 and 2 , and $15,400 before-tax cash in year 3 . The annual tax cost of Opportunity 2 is $6,160 in years 0 through 3. Use Appendix A and A ppendix B. Required: a1. Complete the below tables to calculate NPV. Assume that the discount rate is 10 percent. a2. Which opportunity should Company DL choose? Complete this question by entering your answers in the tabs below. Complete the below tables to calculate NPV. Assume that The discount rate is 10 percent. Note: Cash outflows should be indicated by a minus sign. Round discount factor(s) to 3 decimal places, all other intermediate calculations and final answers to the nearest whole dollar amount

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