Following is information on two alternative investments being considered by Jolee Company. The company requires a 8% return from its Investments. (PV of $1. FV of $1. PVA of $1, and EVA of $1 (Use appropriate factor(s) from the tables provided.) Project $(172,325) Project B $(155,960) Initial investment Expected net cash flows in Year 2 Year 3 Year 4 Year 5 44,000 51,000 89,295 83,400 73,000 44,000 51,000 49,000 65,000 36.000 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. w .. PV b. For each alternative project compute the profitability index Complete this question by entering your answers in the Required A Required B For each alternative project compute the net present value. Project A Initial Investment 172,325 Chart Values are Based on: 1% Year Cash Inflow X PV Factor Present Value