31 William plans to open a do-it-yourself dog bathing center in a storefront, and he expects the after-tax cash inflows to be $40,000 annually for seven years. The bathing equipment will cost $175,000. After the seven years, William plans to scrap the equipment and retire to the beaches of Bali. Asume the required return is 15 percent. What is the project's profitability-index? Should it be accepted? A 1.11; No B 1.11; Yes 0.95; No 0.95; Yes