Can not figure out part B option 1.

Thank you!

William Brown is evaluating two new business opportunities. Each of the opportunities shown below has a 15-year life. William uses a 12% discount rate. Click here to view the factor table. Your answer is correct. Calculate the net present value of the two opportunities. (Round present value factor calculations to 4 decimal places, e.g. 1.2514 and the final answers to 0 decimal places, e.g. 59,991.) Your answer is partially correct. Calculate the profitability index of the two opportunities. (Round answers to 2 decimal places, e.g. 15.25.)