why is this wrong?

my Following is information on two alternative investments being considered by Jolee Company. The company requires a 10% return from its investments. (PV of $1. FV of $1. PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) Project A Project B Initial investment $(160,000) $(105,000) Expected net cash flows in: Year 1 40,000 32,000 Year 2 56,000 50,000 Year 3 80,295 66,000 Year 4 90,400 72,000 Year 5 65,000 24,000 ces a. For each alternative project compute the net present value. b. For each alternative project compute the profitability index. If the company can only select one project, which should it choose? Complete this question by entering your answers in the tabs below. Required A Required 8 PV Year 1 10% Cash X Inflow 40,000 X 56,000 80,295 90 400 X 65.000 X SI 2 Factor 09091 0.8264 0.7513E 0.6830 0.6210 CISIO #### Present Value 36,364 46.281 60326 61,743 40,365 $ 245,079 3 4 5 Present value of cash inflows Present value of cash outflows Net present value OOO $ 245,079 160.000 $ 85,0793 Project B Initial Investment Year 105,000 PV Factor 0.9090 Present Value 29.088 00 > Cash Inflow 32,000 50,000 x 56 000 X 72.000 24,000 2 3 4 Present value of cash inflows Present value of cash outflows Net present value $ 79,079 RE Required B Mc Graw Hill Type here to search cl Complete this question by entering your answers in the tabs below. Required A Required B For each alternative project compute the profitability Index. If the company can only select one project, which choose? Profitability Index Profitability index Profitability Index Choose Numerator: 1 Choose Denominator Annual average Annual after-tax net income investment Project $ A 245,076 % S 160,000 Project B S 184,079 S 105,000 of the company can only select one project, which should it choose? 15317 1.7531 Project B