Elite Apparel Inc. is considering two investment projects. The estimated net cash flows from each project are as follows: Year Plant Expansion Retail Store Expansion $100,000 81,000 70,000 64,000 20,000 $335,000 $83,000 98,000 67,000 47,000 40,000 $335,000 2 4 Total Each project requires an investment of $181,000. A rate of 12% has been selected for the net present value analysis Present Value of $1 at Compound Interest 10% 12% 20% 0.833 0.694 0.579 0.572 0.482 0.747 0.621 0.567 0.497 0.402 0.705 0.564 0.507 0.432 0.335 0.279 0.627 0.467 0.404 .327 0.233 0.592 0.424 0.361 0.2840.194 0.558 0.386 0.322 0.247 0.162 15% 6%o 0.943 0.909 0.893 0.870 0.890 0.826 0.797 0.756 0.840 0.751 0.712 0.658 0.792 0.683 0.636 Year 2 4 0.665 0.513 0.452 0.376 10 Required