Following is information on two alternative Investments being considered by Jolee Company. The company requires a 6% return from its investments. (PV of $1. EV of $1, PVA of $1, and EVA 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 $(181,325) Project S $(147,960) 49,000 27,000 43,000 51,200 79,295 67,000 89,400 67,000 59,000 31,000 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. Project A Initial Investment $ 181,325 Chart Values are Based on: 6% Year Cash Inflow x PV Factor Present Value 2