#2 need help fixing

Following is information on two alternative investment projects being considered by Tiger Company. The company requires a 4% 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 X1 $ (80,000) Project X2 $ 120,000) Initial investment Net cash flows in: Year 1 Year 2 Year 3 25,000 35,500 60,500 60,000 50,000 40,000 a. Compute each project's net present value. b. Compute each project's profitability index. c. If the company can choose only one project, which should it choose on the basis of profitability index? Answer is complete but not entirely correct. Required A Required B Required c Compute each project's net present value. Net Cash Flows Present Value of 1 at 4% Present Value of Net Cash Flows Project X1 Year 1 S $ 0.9615 S 24.039 Year 2 0.9246 32,822 25,000 35,500 60,500 121,000 Year 3 0.8890 0 53,785 Totals $ S 110.646 80,000 30,646 Initial investment $ Net present value Project x2 Year 1 $ 60,000 0.9615 $ 57 692 Year 2 50,000 0.9246 46,228 > Year 3 40,000 35,560 0.8890 129 48