Assume that a company is considering purchasing a machine for $41,500 that will have a five-year useful life and no salvage value. The machine will lower operating costs by $17,000 per year. The companys required rate of return is 18%. The profitability index for this investment is closest to: Click here to view Exhibit 14B-1 and Exhibit 14B-2, to determine the appropriate discount factor(s) using the tables provided. Multiple Choice 0.78. 1.24. 1.28. 1.34