Following is information on two alternative investment projects being considered by Tiger Company. The compan requires a 7% return from its investments. (PV of $1, EV of $1. PVA of $1, and EVA of $1) (Use appropriate factor(s) from the tables provided.) Project X1 Project X2 $ Initial investment $ (116,000) (192,000) Net cash flows in: Year 43,000 87,000 1 Year 53,500 77,000 2 Year 78,500 3 67,000 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 Required Required A B Compute each project's net present value. (Round your final answers to the nearest dollar.) Present Value of 1 Present Value of Net Net Cash Flows at 7% Cash Flows Project X1 Year 1 Year 2 Year 3 Totals $ 0 $ 0 Initial investment Net present value Project X2 Year 1 $ 0 Year 2 Year 3 Totals $ 0 $ 0 Initial investment Net present value $ 0