Bill plans to open a self-serve grooming center in a storefront. The grooming equipment will cost $495,000, to be paid immediately. Bill expects aftertax cash inflows of $105,000 annually for eight years, after which he plans to scrap the equipment and retire to the beaches of Nevis. Assume the required return is 4 percent, what is the project's profitability index? A. 1.4853 B. 1.1964 C. 1.4282 D. 1.3824 E. None of the above.