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 Project 3 Initial investment $(160,000) $(105,000) Expected net cash flow ini Year 1 40,000 32,000 56,000 50,000 80,295 66,000 90,400 Year 5 65,000 24,000 Year 2 Year 3 Year 4 72,000 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 profitability Index. If the company can only select one project, which should it choose? Choose Numerator: Profitability Index 1 Choose Denominator: Profitability Index Profitability index For each alternative project compute the profitability Index. If the company can only select one project, which should it choose? Profitability Index Choose Numerator: Choose Denominator: - Profitability Index Profitability index Project A o Project B If the company can only select one project, which should it choose? Project B 0