Please consider two investment alternatives. Each investment requires a $100,000 initial cash payment. The net income of each investment is as follows: Investment A: $110,000 each year for three years Investment B: $60,000 in year 1, $210,000 in year 2 and $60,000 in year 3 Factors to consider: Present Value of $1 at Compound Intere: Year 6% 10% 12% 15% 20% 1 0.943 0.909 0.893 0.870 0.83: 2 0.890 0.826 0.797 0.756 0.69 3 0.840 0.751 0.712 0.658 0.579 4 0.792 0.683 0.636 0.572 0.48 1. 2. Depreciation is estimated at $10,000 per year The required rate of return is 10% 5 0.747 0.621 0.567 0.497 0.40 6 0.705 0.564 0.507 0.432 0.335 7 0.665 0.513 0.452 0.376 0.279 8 0.627 0,467 0.4040.327 0,233 9 0.592 0.424 0.361 0.284 0.194 10 0.558 0.386 0.322 0.247 0.162 1. What is the Net Cash Flow from each investment? 2. What is the Cash Payback Period from each investment? Which investment is preferred using the payback model? 3. What is the Net Present Value of each investment? Which investment is preferred using NPV model