Following is information on two alternative investmenis being considered by Tiger Co. The coma quires a 4% return from its investments. Project X1 Project X2 $(80,000) $(120,000) Initial investment Expected net cash flows in year 25,000 35,500 60,500 60,000 50,000 40,000 Compute each project's (a) net present value and (b) profitability index. (Round present value calculations to the nearest dollar and round the profitability index to two decimal places.) If the company can choose only one project, which should it choose? Explain