Following is information on two alternative investments being considered by Tiger Co. The company requires a 9% return from investments. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) Initial investment Expected net cash flows in: Year 1 Year 2 Year 3 Project X1 Project X2 $(116,000) $(172,000) 43,000 87,000 53,500 77,000 78,500 67,000 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? Complete this question by entering your answers in the tabs below. Required A Required B Compute each project's net present value. (Round your answers to the nearest whole dollar.) Net Cash Flows Present Value of 1 at 9% Present Value of Net Cash Flows Project X1 Year 1 Year 2 Year 3 Totals $ 0 $ 0 Amount invested Net present value $ 0 Project X2 Year 1 Year 2 Year 3 Totals $ 0 $ 0 Amount invested Net present value $ < Required A 0 Required B >