Following is information on two alternative investments being considered by Tiger Co. The company requires a 5% return from its investments. Project X1 Project X2 Initial investment $ (102,000 ) $ (164,000 ) Expected net cash flows in: Year 1 36,000 76,500 Year 2 46,500 66,500 Year 3 71,500 56,500 Compute the internal rate of return for each of the projects using Excel functions. Based on internal rate of return, indicate whether each project is acceptable.