Information for two alternative projects involving machinery Investments follows. Project 1 requires an initial Investment of $133,000. Project 2 requires an Initial Investment of $99,900. Assume the company requires a 10% rate of return on Its Investments. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) Project 1 $ 188,888 Project 2 $ 85, eee Annual Amounts Sales of new product Expenses Materials, labor, and overhead (except depreciation) Depreciation-Machinery Selling, general, and administrative expenses Income 72,150 19, 280 8,888 $ 7,970 35,520 19,982 22,200 $ 7,300 Compute the net present value of each potential Investment. Use 7 years for Project 1 and 5 years for Project 2. Assume cash flows occur evenly throughout each year. (Negative net present values should be indicated with a minus sign. Round your present value factor to 4 decimals. Round your answers to the nearest whole dollar.) Project 1 Chart values are based on: na Select Chart Amount PV Factor Present Value Net present value Project 2 Chart values are based on: Select Chart Amount PV Factor Present Value = Net present value