Information for two alternative projects involving machinery investments follows. Project 1 requires an initial investment of $135,100 Project 2 requires an initial investment of $102,600. 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.) Annual Amounts Project 1 Project 2 Sales of new product $ 110,700 $ 87,482 Expenses Materials, labor, and overhead (except depreciation) 74,100 Depreciation Machinery Selling, general, and administrative expenses 9,120 Income $ 7,600 Compute the net present value of each potential investment. Use 7 years for Project 1 and 5 years for Project 2 (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) 19,300 36,488 20,520 22,888 $ 8,180 a Present Value Net Cash Flows x of Annuity at 10% 11 Project 1 Present Value of Net Cash Flows II Years 1-7 Net present value Project 2 Net Cash Flows X Present Value of Annuity at 10% Present Value of Net Cash Flows Years 1-5 Il Net present value