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Assume that a company is considering a capital investment project with a four-year time horizon and the following cash flows Cost of new equipment Working

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Assume that a company is considering a capital investment project with a four-year time horizon and the following cash flows Cost of new equipment Working capital required Annual net cash inflows Maintenance and repairs in third year Salvage value of equipment in fourth year $210,000 $ 50,000 $1 , $ 40,000 $ 30,000 Click here to view Exhibit 148.1 and Exhibit 148 2. to determine the appropriate discount factor(s) using the tables provided Assuming the company's required rate of return is 20%, the profitability index of the project is closest to Multiple Choice o tos O 1.05. O 1.15. (0 O 1.31. 1.19.

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