The capital investment committee of Iguana Inc. is considering two capital investments. The estimated operating income and net cash flows from each investment are as follows: \begin{tabular}{ccccc} Year & Robotic Assembler Operating Income & Robotic Assembler Net Cash Flow & Warehouse Operating Income & Warehouse Net Cash Flow \\ \hline 1 & $59,400 & $179,000 & 5125,000 & $286,000 \\ 2 & 59,400 & 179,000 & 95,000 & 242,000 \\ 3 & 59,400 & 179,000 & 48,000 & 170,000 \\ 4 & 59,400 & 179,000 & 21,000 & 116,000 \\ 5 & 59,400 & 179,000 & 8,000 & 81,000 \\ \cline { 2 - 5 } Total & $297,000 & $895,000 & 5297,000 & $895,000 \\ \hline \end{tabular} Present Value of $1 at Compound Interest \begin{tabular}{cccccc} \hline Year & 6% & 10% & 12% & 15% & 20% \\ \hline 1 & 0.943 & 0.909 & 0.893 & 0.870 & 0.833 \\ 2 & 0.890 & 0.826 & 0.797 & 0.756 & 0.694 \\ 3 & 0.840 & 0.751 & 0.712 & 0.658 & 0.579 \\ 4 & 0.792 & 0.683 & 0.636 & 0.572 & 0.482 \\ 5 & 0.747 & 0.621 & 0.567 & 0.497 & 0.402 \\ 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 & 0.404 & 0.327 & 0.233 \\ 9 & 0.592 & 0.424 & 0.361 & 0.284 & 0.194 \\ 10 & 0.558 & 0.386 & 0.322 & 0.247 & 0.162 \end{tabular} Required: 1a. Compute the average rate of return for each investment. If required, round your answer to one decimal place. value. 2. Prepare a brief report for the capital investment committee, advising it on the relative merits of the two investments. would be the more attractive. Feadeack Therk Aty work 1a. Divide the estimated average annual income by the average investment. offers the mone favorable net present value? 2. Consider when cash flows are received and the time value of money