Following is information on two alternative investment projects being considered by Tiger Company. The company requires a 6% return from its investments. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) Initial investment Project X1 $ (94,000) Project X2 $ (148,000) Net cash flows in: Year 1 32,000 70,500 Year 2 Year 3 42,500 60,500 67,500 50,500 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?