Following is information on two alternative investments being considered by Tiger Co. The company requires an 8% 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 X1 $(128,000) Project X2 $(216,000 Initial investment Expected net cash flows in: Year 1 Year 2 Year 3 49,000 59,500 84,500 96 , 86 , 76,000 a. Compute each project's net present value. b. Compute each project's profitability index. If the company can choose only one project, which should it choose? Required A Required B Compute each project's net present value. (Round your final answers to the nearest dollar.) Net Cash Flows Present Value of 1 at 8% Present Value of Net Cash Flows Project X1 Year 1 Year 2 Year 3 Totals Amount invested Net present value Project X2 Year 1 Year 2 Year 3 Totals Amount invested Net present value Required A Required B Compute each project's profitability index. If the company can choose only one project, which should it choose? = Profitability Index Profitability index Profitability Index Choose Numerator: 1 Choose Denominator: 1 Project X1 Project X2 If the company can choose only one project, which should it choose