Following is information on two alternative investments being considered by Jolee Company. 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.) Project A $ (187,325) Project B $(155,960) Initial investment Expected net cash flows in year 1 54,000 27,000 45,000 51,000 73,000 32,000 57,000 88,295 4 88,400 60,000 5 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? 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 B Required A For each alternative project compute the net present value. Project A Initial Investment 187,325 Chart Values are Based on: i = Present Value Year Cash Inflow PV Factor 1 2 3 5 Project B Initial Investment 155,960 PV Factor Year Cash Inflow Present Value 1 2 3 - 4 - Required B