Dip N Dunk Doughnuts has computed the net present value for capital expenditure at two locations. Relevant data related to the computation are as follows: Ft. Collins Boulder Total present value of net cash flow $277,200 $295,160 Amount to be invested (264,000) (314,000) Net present value $13,200 $(18,840) a. Determine the present value index for each proposal. Round your answer for the present value index to two decimal places. Ft. Collins Boulder Total present value of net cash flow $ $ Amount to be invested $ $ Present value index b. Which location does your analysis support? (If both present value indexes are the same, either location will grade as correct.) , because the net present value index is 1.