Kentucky Grill has computed the net present Obj. $2$value for capitalexpenditures for the Somerset and Whitley City locations using the net present value method. Relevant data related to the computation are as follows:Total present value of net cash flowAmount to be investeda. Determine the present value index for each proposal. Round to two decimal places.Answerb. If Kentucky Grill can fund only one location, which location should be funded? Total present value of net cash flow: Somerset$-$ $$441,000$; Whitley City$-$ $$525,000.$ Amount to be invested: Somerset$-$ $$450,000$; Whitley City$-$ $ $375,000.$ SHOW ALL YOUR WORK!!