Following is information on two alternative investments being considered by Jolee Company. The company requires a 6% return from its Investments. (PV of $1 FV of $1. PVA of St and PVA of Use appropriate factor from the tables provided.) Project A Project B Initial investment $(171,325) $(141,960) Expected net cash flows in: Year 1 44,000 28,000 Year 2 53,000 52.ee Year 3 89, 295 57. Bee Year 4 85,400 75,000 Year 5 62,000 24, Bee 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? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required Required A B For each alternative project compute the net present value. Project A Initial Investment $ 171,325 Chart Values are Based on: Year 1 2. 3 4 5 Cash X Inflow 44.000X 53.000 89,295 x 85,400x 62.000 x PV Factor 0.9430X 0.8900 0.8400X 0.7920 0.7470 Present Value 41,508 47,170 75,008 67,637 46 314 $277,638 Present value of cash inflows Present value of cash outflows Net present value 15277,638 171 325 5383,931X] Project B Initial Investment $ 141.900 Cash PV Year X Inflow Factor 1 28,000x 0.9430X 2 52,000x 0.8900 57,000x 0.8400 4 75,000x 0.7920 - 5 24.000 x 0.7470 Present Value 26,417 46,280 47.880 59,400 17,928 $197.903 Present value of cash inflows Present value of cash outflows Net present value $197.903 141.950 S 55,934 Required B >