11. A firm is reviewing a project that has an initial cost of $71,000. The project will produce annual cash inflows, starting with year 1, of $8,000, $13,400, $18,600, $33,100, and finally in year 5. $37,900. What is the profitability index if the discount rate is 11 percent? A. 0.92 B. 0.98 C. 1.02 D. 1.07 E. 1.12