Assume the following information for a capital budgeting proposal with a five-year time horizon Initial investment cost of equipment (zero salvage value) 5 430.000 Annual revenues and costst Sales revenues $ 300,000 Variable expenses $ 130,000 Depreciation expense $50,000 Fixed out-of-pocket costs $ 40,000 Click here to view Extabit 128.1 and Ex1282 to determine the appropriate discount factors using the tables provided Astuming a discount rate of 12%, this proposal's profitability index is closest to Multiple Choc 3 TCH 18 114