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 FVA of $1) (Use appropriate factor(s) from the tables provided.) Project A $(173,325) Project B S7147,960) Initial investment Expected net cash flows in: Yeay 1 Year 2 Year Year Year 5 39,000 52,000 74,295 78,400 66,000 34,000 51,000 57,000 77,000 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 For each alternative project compute the net present value. 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 1 Present Value 2 3 4 5 Initial Investment Year Cash Inflow Project B $ 147.960 x PV Factor Present Value 1 2 3 4 5 a