Following is information on two alternative investments. Beachside Resort is considering building a new pool or spa. The company requires a 8% return from its investments. (PV of $1. EV of $1. PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) Pool Initial investment $ (182,325) Spa $ (146,960) Net cash flows in: Year 1 45,000 39,000 Year 2 50,000 50,000 Year 3 86,295 55,000 Year 4 92,400 76,000 Year 5 67,000 30,000 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? Complete this question by entering your answers in the tabs below.