| Following is information on two alternative investments being considered by Jolee Company. The company requires a 10% 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 A s (182,325) Project B (159, 960) Initial investment Expected net cash flows in year: 44,000 46,000 86, 295 94,400 69,000 42,000 47,000 63,000 85,000 27,000 a. For each alternative project compute the net present value b. For each alternative project compute the profitability index. If the company can only select one project, which should it choose? Complete this question by entering your answers in the tabs below Required A Required B For each alternative project compute the net present value Project A $ 182,325 Initial Investment hart Values are Based on: Year Cash inflow x PV Factor Present Value ar cash inflow | x | PV Factor | = | Present Value Project B Initial Investment 159,960 YearCash Inflow x PV Factor Present Value