Gonzalez Company is considering two new projects with the following net cash flows. The company's required rate of return on investments is 10\%. (PV of S1. FV of \$1. PVA of S1, and FVA of \$1) (Use approprlate factor(s) from the tables provlded.) 0. Compute payback period for each project. Based on payback period, which project is preferred? b. Compute net present value for each project. Based on net present value, which project is preferred? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Compute payback period for each project, Based on payback period, which project is preferred? (Cumulative net cash outf must be entered with a minus sign. Do not round your intermediate calculations. Round your Payback Period answer to 2 decimal places.) . Compute payback perlod for each project. Based on payback perlod, which project is preferred? . Compute net present value for each project. Based on net present value, which project is preferred? * Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Compute net present value for each project. Based on net present value, which project is preferred? (Round your present value factor to 4 decimals. Round your final answers to the nearest whole dollar.)