Following is information on two alternative investments projects being considered by Tiger Company. The company requires an 8% 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 x1 Project x2 Initial Investment $ 128,000) 5 (193,000) Net cash flows in: Year 1 49,000 96,000 Year 2 59,500 86,000 Year 3 84,500 76,000 a. Compute each project's net present value. b. Compute each project's profitability Index. If the company can choose only one project, which should it choose on the basis of profitability index? Complete this question by entering your answers in the tabs below. Complete this question by entering you Required A Required B Compute each project's net present value. (Round your answers to the neare Net Cash Flows Present Value of Present Value of 1 at 8% Net Cash Flows Project X1 Year 1 Year 2 Year 3 $ 0 $ 0 $ 0 Totals Initial investment Net present value Project X2 Year 1 Year 2 Year 3 Totals Initial investment Net present value $ 0 CA 0 $ 0 Require Complete this question by entering your answers in the tabs below. Required A Required B Compute each project's profitability Index. If the company can choose only one project, which should it choose on the basis of profitability index? Profitability Index Numerator Denominator Project 1 Project x2 of the company can choose only one project, which should it choose on the basis of profitability Index? Profitability Index 0 0