Following is information on two alternative investments being considered by Jolee Company. The company requires a 10% 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 $(160,ee0) Project B $(105,000) Initial investment Expected net cash flows in year: 1 40,000 32,000 2 56,000 50,000 80,295 66,000 90,400 72,000 65,000 5 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? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required B Required A For each alternative project compute the net present value. Ln 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 $ 160,000 Chart Values are Based on: 10% Cash Inflow PV Factor 0.9091 Present Year X Value 36,364 46,278 40,000 1 2 56,000 0.8264 X 80,295 X 60,326 0.7513 0.6830 90,400 61,743 4 5 65,000 0.6210 40,365 $ 245,076 Present value of cash inflows $ 245,076 Present value of cash outflows Net present value 160,000 $ 85,076