Following is information on two alternative investments. Beachside Resort is considering building a new pool or spa. The company requires a 10% 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.) Initial investment Pool $ (175,325) Spa $ (157,960) Net cash flows in: Year 1 53,000 44,000 Year 2 43,000 50,000 Year 3 86,295 65,000 Year 4 89,400 73,000 Year 5 62,000 37,000 a. For each investment project compute the net present value. b. For each investment project compute the profitability index. c. If the company can only select one project, which should it choose on the basis of profitability index?