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.) ProjectAProject B $(174,325) $(145, 960) Initial investment Expected net cash flows in year: 52,000 56,000 77,295 94,400 66,000 32,000 53,000 55,000 78,000 22,000 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 174,325 hart Values are Based on: Year Cash Inflow x PV Factor Present Value