Rowan Company is considering two alternative investment projects. Each requires a $251.000 initial Investment Project A is expected to generate net cash flows of $61,000 per year over the next six years. Project B is expected to generate net cash flows of $51.000 per year over the next seven years. Management requires an 7% rate of return on its investments. (PV of $1. FV of $1. PVA of S1, and EVA of S1) (Use appropriate factor(s) from the tables provided) Required: 1. Compute each project's net present value. 2. Compute each project's profitability index, 3. If the company can choose only one project , which should it choose, based on profitability Index? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required Compute each project's net present value. (Do not round intermediate calculations. Round your present value factor to 4 decimals and your final answers to the nearest whole dollar) Compute each project's net present value. (Do not round intermediate calculations. Round your decimals and your final answers to the nearest whole dollar.) Project A Chart values are based on: n = 1 Select Chart Amount PV Factor Present Value TI Net present value Project B Chart values are based on: n = 1 = Amount Select Chart X PV Factor I! Present Value 11 Net present value Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute each project's profitability Index. (Do not round intermediate values. Enter your answers rounded to the nearest whole dollar) Numerator: Profitability Index Denominator: 1 Profitably index Project A Project B