Following is information on two alternative investments being considered by Jolee Company. The company requires a 12% return from its investments. (PV of $1. FV of $1. PVA of $1, and FVA of S1) (Use appropriate factor(s) from the tables provided.) Project Project Initial investment $185,325) $(156,960) Expected net cash flows in Year 1 54,000 33,000 Year 2 41,000 44,000 Year) 76,295 62,000 Year 4 79,400 34.000 Year 5 72,000 34,000 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 $ 185.325 Chart Values are based on Year PV Factor Present Value 1. 2 Cash intow 54. DO 41.000 74 295 79,400 72.000 3 4 5 Year PV Factor Present Value 1 2 Cash Inflow 54,000 41,000 74,295 x 79,400 72,000 3 4 5 Project B 154,960 PV Factor Present Value Initial Investment Year Cash Inflow 1 33,000 2 44,000 3 62,000 4 84,000 x 5 34,000 Show All items Required B >