A firm is reviewing a project that has an initial cost of $75,000. The project will produce cash inflows, starting with year 1, of $10,000, $15,500, $23,600, $30,100, and finally in year five, $38,700. What is the profitability index if the discount rate is 9 percent?

		1.16
		1.04
		1.26
		1.32