The investment committee of Sentry Insurance Co, is evaluating two peojects, office expansion and upgrade to computer servers. The projects have different useful ines, but e requires an investment of $490,000 i the estimated net cash flows from each project are as follows: wnd of the fourth yoar, tie olfice expanson's residual value would be 5160,000 Present Value of an Annuity of $1 at Compound Interest. Hequireds nemerit dear. nearest dollar. 2. For each project, compute the net present value, assuining that the olfice exgiansion a adjusted to a four year life for purposes of analysh. Ose the present valie of st table sbever