Average Rate of Return Method, Net Present Value Method, and Analysis The capital investment committee of Ellis Transport and Storage Inc, is considering two investment projects. The estimated income from operations and net cash flows from each investment are as follows: Each project requires an investment of $580,000. Straight-line depreciation witi be used, and no residual value is expected. The committee has selected a rate of 10% fo purposes of the net present valug analysis. Present Value of $1 at Compound Interest Each project requires an investment of $580,000. Straight-line depreciation will be used, and no residual value is expected. The committee has selected a rate of 10% for purposes of the net present value anaiysis. 1a. Compute the average rate of return for each investment. If required, round your answer to one decimal place. 1b. Compute the net present value for esch investment. Use the present value of $1 table above. If reguired, use the minus sign to indicate a negative net present va 2. The warehouse has a net present value as tracking technology cash fows cccur V in time. Thus, if onv one of the two projects can be accepted, the & would be the more attractive