4. A project has an initial outlay of $165,000 and the end of year after-tax cash flows below. Compute the profitability index for the project assuming a cost of capital of 14%: After tax End of Year CF 1 N 3 $40,000 $50,000 $80,000 $90,000 $100,000 4 5 a. 1.13 b. 1.20 c. 1.26 d. 1.37 e. 1.41