I need part 1b please !

Assignment Score: 72.72% Assignment: Chapter 25 PR 25-1B, PR 25-2B pages 1192-1193 Email instructor Save Exit Submit Assignment for Grading Questions Problem 25-1B Question 1 of 2 Hint(s) Check My Work eBook Problem-Solving Strategy Average Rate of Return Method, Net Present Va e Method, and Analysis The capital investment committee of Ellis Transport and Storage Inc. is considering two investment projects. The estimated income from operations and net cash flows from each investment are as follows: Warehouse Tracking Technology income from Net Cash Income from Net Cash Year operations Flow operations Flow 61,400 $135,000 3 4,400 $108,000 125,000 51,400 34,400 108,000 110,000 34,400 108,000 36,400 100,000 26,400 4,400 108,000 34,400 3,600 70,000 108,000 $172,000 Total $540,000 $172,000 $540,000 Each project requires an investment of $368,000. Straight-line depreciation will be used, and no residual value is expected. The committee has selected a rate of 15% for purposes of the net present value analysis. Present value of $1 at Compound Interest Year 6% 10% 12% 15% 20% 0.943 0.909 0.893 0.870 0.833 0.890 0.826 0.797 0.756 0.694 3 0.840 0.751 0.712 0.658 0.579 0.636 0.572 0.482 0.747 0.621 0.567 0.497 0.402 0.705 0.564 0.507 0.432 0.335 0.665 0.513 0.452 0.376 0.279 8 0.627 0.467 0404 0.327 0.233 9 0.592 0.424 0.361 0.284 0.19 10 0.558 0.386 0.322 0.247 0.162 Required