Following is information on two alternative investment projects being considered by Tiger Company. The company requires a 7% 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.) Project X2 Initial investment Net cash flows in: Year 1 Year 2 Year 3 Project X1 $ (86,000) $ (132,000) 28,000 64,500 38,500 54,500 63,500 44,500 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. (Round your final answers to the nearest dollar.) Net Cash Flows Present Value of 1 at 7% Present Value of Net Cash Flows Project X1 Year 1 Year 2 Year 3 Totals $ 0 Initial investment Net present value 0 $ 0 Project X2 Year 1 Year 2 Year 3 Totals $ 0 $ 0 Initial investment Net present value 0