Exercise 24-11 (Algo) Net present value, unequal cash flows, and profitability index LO P3 Following is information on two alternative investments projects being considered by Tiger Company. The company requires a 15% return from its investments. (PV of $1. EV of $1. PVA of $1, and EVA of S1) (Use appropriate factor(s) from the tables provided.) Initial investment Project X1 $ (114,000) Project X2 $ (171,000) Net cash flow in Year 1 Year 2 Year 3 42,000 52,500 85,500 75,500 77,500 65,500 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? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required A Required B Compute each project's net present value. (Round your answers to the nearest whole dollar.) Retu