Following is information on two alternative investments being considered by Tiger Co. The company requires a 7% return from its investments. Project X1 $ (126,000) Project X2 Initial investment $ (212,000) Expected net cash flows in 94,500 84,500 Year 1 48,000 Year 2 58,500 83,500 74,500 Year 3 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. (Round your answers to 2 decimal places.) IRR Acceptable? Project X1 Project X2 % Yes % Yes