Present Value Index Sweet Tooth Candy Company has computed the net present value for capital expenditure at two locations. Relevant data related to the computation are as follows: Carolina Jersey Totalresent value of net cash flow $237,160 $296,640 Less amount to be invested 242,000 288,000 Net present value $(4,840) $8,640 a. Determine the present value Index for each proposal, Round your answer for the present value index to two decimal places. Carolina Jersey $ Total present value of net cash flow Amount to be invested Present value index b. Which location does your analysis support? Carolina