A firm is reviewing a project that has an initial cost of $100,000. The project will produce annual cash inflows, starting with Year 1, of $15,000, $18,000, $20,000, $28,000, and finally in Year 5, $35,000. What is the profitability index if the discount rate is 7.5 percent?

1.05

.91

.88

1.12

1.09