Following is information on two alternative investments projects being considered by Tiger 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 X1	Project X2
Initial investment	$ (124,000)	$ (191,000)
Net cash flows in:
Year 1	47,000	93,000
Year 2	57,500	83,000
Year 3	82,500	73,000

a. Compute each projects net present value. b. Compute each projects profitability index. If the company can choose only one project, which should it choose on the basis of profitability index?

Compute each project's net present value. (Round your answers to the nearest whole dollar.) Compute each project's profitability index. If the company can choose only one project, which should it chos profitability index