Net Present Value Method, Present Value Index, and Analysis United Bankshores, Inc. wishes to evaluate three capital investment proposals by using the net present value method. Relevant data related to the proposals are summarized as follows: Branch Compute Instal Office System Internet Expansion Upgrade Bill Pay Amount to be invested $716,321 $476,153 $254,462 Annual net cash flows: 376,000 252,000 73,000 Year 2 150,000 227,000 Year 1 120,000 a 7,000 Value ol SI at C 0% 5% 20% 0.94 0.909 0.893 0.870 0.826 0.797 0.756 0.75 0.712 0.658 0.797 0.636 0.572 0.4 0.747 0.62 0.567 0,407 0.402 0.705 0.564 0.507 0,41 0.315 7 0.665 0.513 0.452 0.176 0.270 0.467 0.404 0.233 0.424. 0.284. 558 0.32? 0.247 un ID it Comp system Tnstall T nel nill- Olli Upgrade Present value ol Amount to be invested Net present value 2. Determine a present value index for each proposal. If required, round your answers to two decimal places. Index Branch office Expansion Computer System Upgrade Install Intemet Bill-Pay 3. Which proposal offers the largest amount of present value per dollar of investment