Following is Information on two alternative Investments. Beachside Resort is considering building a new pool or spa. 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.) Pool $ (175, 325) Initial investment Net cash flows in: Spa $ (157,960) Year 1 Year 2 Year 3 Year 4 Year 5 43,00 45, eee 81,295 85,400 70,000 40,000 49,888 64,000 68,000 28,00 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. Req A Reg B and C For each investment project, compute the net present value. Pool s 175,325 Initial Investment Chart Values are Based on: 6% Year Cash Inflow PV Factor = Present Value 40.566 43,000 x 0.9434 Year 1 Year 2 45,000 x Year 3 81,295 x 85,400 x Year 4 Year 5 70.000 x Spa s 157,960 Initial Investment Year Cash Inflow X PV Factor Present Value Year 1 Year 2 Year 3 = Year 4 Year 5 = Reg A Req B and c 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? Profitability Index 1 Numerator: Denominator: 1 Profitability index Pool 0 0 Spa If the company can only select one project, which should it choose on the basis of profitability index?