Following is information on two alternative investments being considered by Jolee Company. The company requires a 12% return from Its Investments. (PV of $1, FV of $1. PVA of $1, and FVA of $1) (Use approprlate factor(s) from the tables provided.) Project A Pro $ (178,325) (159,968) ject B Initial investment Expected net cash flows in year: 53,808 53,868 74,295 79,488 71,808 38,888 45,888 64,808 83,808 33,888 a. For each alternatlve project compute the net present value. b. Foreach alternative project compute the profitabillity Index. If the company can only select one project, which should It choose? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required A Required B For each alternative project compute the net present value. Initial Investment 178,325 rt Values are Based on: 12% Year 53,000x 0.8930 53,000x 0.7971 74,295 x | 0.7124 79,400 x06364 71,000x 0.5673 47,329 42,241 52,928 50,530 40,278 5 233,306 Present value of cash inflows Present value of cash outflows Net present value 233,306 178,325 $ 54,981 t B Initial Investment 159,960 Year 30,000x 0.8930 45,000 0.7971 64,000 )x | 0.7124 | 83,0000.6364 33,000x 0.5673 28,790 35,870 45,594 52,821 18,721 5 179,796 Present value of cash inflows Present value of cash outflows Net present value 179,796 159.960 19,762 Required A Required B >