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.) Initial investment Expected net cash flows in: Year 1 Year 2 Year 3 Year 4 Year 5 Project A $(160,000) Project $(105,000) 40,000 32,000 56,000 50,000 80,295 66,000 90,400 72,000 65,000 24,000 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 net present value. Initial Investment Chart Values are Based on: 1= Year Cash Inflow x Project A $ 160,000 % PV Factor Present Value 1 40,000 x 0.9090- 36,360 2 56,000 x 0.8260- 46,256 3 80,295 x 0.7510= 60,302 4 90,400 x 0.6830= 61,743 5 65,000 x 0.6210= 40,365 245 026