Gonzsiez Compony ls conaidering two new projecta with the following net cash flows. The compony's required rete of return on

investments is $10\%.($PV of $$1,$ FV of $$1,$ PVA of $$5,$ and FVA of $$)($Use appropriate factor$($s$)$ from the tables provided.$)$

a$.$ Compute psybock periad for esch project. Bssed on poybock period, which project is prefierred?

b$.$ Compute net present volue for esch project. Based on net present vilue, which project is preferred?

Complete this question by entering your answers in the tabs below.

Compute net present value for each projoct. Based on net present value, which praject is preferred? $($Finund your present

value factor to $4$ decimals. Finund your final answers to the nearest whole dollar.$]$