The management of Advanced Alternative Power Inc. is considering two capital investment projects. The estimated net cash flows from each project are as follows: \begin{tabular}{crr} Year & WindTurbines & \multicolumn{1}{c}{BiofuelEquipment} \\ \hline 1 & $410,000 & $820,000 \\ 2 & 410,000 & 820,000 \\ 3 & 410,000 & 820,000 \\ 4 & 410,000 & 820,000 \end{tabular} Present Value of an Annuity 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 & 1.833 & 1.736 & 1.690 & 1.626 & 1.528 \\ 3 & 2.673 & 2.487 & 2.402 & 2.283 & 2.106 \\ 4 & 3.465 & 3.170 & 3.037 & 2.855 & 2.589 \\ 5 & 4.212 & 3.791 & 3.605 & 3.353 & 2.991 \\ 6 & 4.917 & 4.355 & 4.111 & 3.785 & 3.326 \\ 7 & 5.582 & 4.868 & 4.564 & 4.160 & 3.605 \\ 8 & 6.210 & 5.335 & 4.968 & 4.487 & 3.837 \\ 9 & 6.802 & 5.759 & 5.328 & 4.772 & 4.031 \\ 10 & 7.360 & 6.145 & 5.650 & 5.019 & 4.192 \end{tabular} Required: whole dollar. 1b. Compute a present value index for each project. If required, round your answers to two decimal places. answers to three decimal places and internal rate of return to the nearest whole percent. 3. The net present value, present value index, and internal rate of return all indicate that the is/are a better financial opportunity compared to the , although both investments meet the minimum return criterion of 10%