A project is expected to provide cash flows of $12,450, $12,800, $15,900, and $10,400 over the next four years, respectively. At a required return of 8.7 percent, the project has a profitability index of .693. For this to be true, what is the project's cost at Time 0?

• Insufficient information.

• $67,103

• $75,966

• $55,708

• $60,773