Following is information on two alternative investment projects being considered by Tiger Company. The company requires a 5% return from its Investments. (PV of $1, FV of $1, PVA of $1, and FVA of $1) Note: Use appropriate factor(s) from the tables provided. Initial investment Net cash flows in: Project X1 $ (82,000) Project X2 $ (124,000) Year 1 26,000 61,500 Year 2 36,500 51,500 Year 3 61,500 41,500 a. Compute each project's net present value. b. Compute each project's profitability Index. c. If the company can choose only one project, which should it choose on the basis of profitability index? Complete this question by entering your answers in the tabs below. Required A Required B Required C Compute each project's net present value. Note: Round your final answers to the nearest dollar. Project X1 Year 1 Year 2 Year 3 Totals Initial investment Net Cash Flows Present Value of 1 at 5% Present Value of Net Cash Flows Q Search < Prev 4 of 4 Next Complete this question by entering your answers in the tabs below. Required A Required B Required C Compute each project's net present value. Note: Round your final answers to the nearest dollar. Project X1 Year 1 Year 2 Year 3 Totals Initial investment Net present value Project X2 Year 1 Year 2 Year 3 Totals Initial investment Net present value Net Cash Flows Present Value of 1 at 5% Present Value of Net Cash Flows < Prey 4 of 4 Next Initial investment Net cash flows in: PIVJELLA PIVJELLAL $ (82,000) $ (124,000) Year 1 26,000 61,500 Year 2 36,500 51,500 61,500 41,500 Year 3 a. Compute each project's net present value. b. Compute each project's profitability index. c. If the company can choose only one project, which should it choose on the basis of profitability index? Complete this question by entering your answers in the tabs below. Required A Required B Required C Compute each project's profitability index. Numerator: Project X1 Project X2 Profitability Index Denominator: Profitability Index Profitability index