Assume the following information for a capital budgeting proposal with a five-year time horizon: Click here to view Exhibit 14B-1 and Exhibit 14B-2, to determine the appropriate discount factor(s) using the tables provided. Assuming a discount rate of 12%, this proposal's profitability index is closest to: Assume that a company is considering buying a new piece of equipment for $280,000 that would have a useful life of five years and a salvage value of $50,000. The equipment would generate the following estimated annual revenues and expenses: Click here to view Exhibit 14B-1 and Exhibit 14B-2, to determine the appropriate discount factor(s) using the tables provided. The company also believes that this investment would provide some annual intangible benefits that are difficult to quantify. Assuming a discount rate of 20%, the minimum dollar value per year that must be provided by the equipment's intangible benefits to justify the $280,000 investment is closest to