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 $1) (Use appropriate factor(s) from the tables provided.) Project A $(179,325) Project B $(143,960) Initial investment Expected net cash flows in: Year 1 Year 2 Year 3 Year 4 Year 5 35,000 51,000 84,295 85,400 57,000 30. De 47.000 61,000 65,000 39,000 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 $ 179,325 Chart Values are Based on: % Year Cash Inflow X PV Factor Present Value 1 2 3 4 Required A Required B For each alternative project compute the net present value. Project A Initial Investment $ 179,325 Chart Values are Based on: 1 % Year Cash Inflow PV Factor Present Value 1 2 3 4. 5 Project B $ 143,960 Initial Investment Year Cash Inflow X PV Factor Present Value 1 2 3 4 5 2 3 4 5 11 Project B Initial Investment S 143 960 Year Cash Inflow PV Factor Present Value 1 2 TE 3 TE 5 Present value of cash inflows Required Present value of cash outflows Required Net present value $(179,325) $(143,960) Initial investment Expected net cash flows in Year 1 Year 2 Year 3 Year 4 Year 5 35,000 51,080 84, 295 85,480 57,000 30,000 47,000 61,000 65,000 39,999 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 on Complete this question by entering your answers in the tabs below. Required A Required B For each alternative project compute the profitability index. If the company can only select one proje choose? Profitability Index Choose Numerator Choose Denominator: Profitability Index Profitability index WE Project A Project B if the company can only select one project, which should it choose?