Following is information on two alternative investment projects being considered by Tiger Company. The company requires a 4% return from its investments. Project X1 Initial investment $ (100,000) Net cash flows int Year 1 Year 2 35,000 Year 3 45,500 70,500 Project X2 $ (100,000) 75,000 65,000 55,000 Compute the internal rate of return for each of the projects using Excel functions. Based on internal rate of return, indicate whether each project is acceptable. (Round your answers to 2 decimal places.) Project X1 Project X2 IRR Acceptable? % %