Following is information on two alternative investments being considered by Jolee Company. The company requires a 12% return from Its investments. (PV of $1. EV 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 $(173,325) Project B $(149,960) 52,000 42,000 56,000 45,000 77,295 51,000 91,400 69,000 70,000 28,000 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 $ 173,325 Chart Values are Based on: % Year Cash Inflow x PV Factor Present Value 1 2 3 " 4 5