Exerclse 11-5 Custom Altenate Problem A company has $100,000 to invest. The company is trying to decide between two alternative uses of the funds. The alternatives are Cost of equipment required Working capital investment required Annual cash inflows Salvage value of equipment in 5 years Life of the project Project J $100,000 S0 $24,000 $15,000 5 years Project K $0 $100,000 $9,000 $0 5 years The working capital needed for project K will be released at the end of five years for investment elsewhere. The company's discount rate is 10%. Click here to view Exhibit 11B-1 and Exhibit 11B-2, to determine the appropriate discount factor(s) using tables Required a Calculate net present value for each project (Any cash outflows should be indicated by a minus sign. Use the appropriate table to determine the discount factor(s), When you enter a factor, use a whole number followed by 3 decimal places, for example: 0.123 or 3.456.) 10% PV Present Value