Envision Healthcare Inc., has one project that can possibly improve the hospital operations so that the new project can generate additional cash flows in the future if the project is initiated. The following is the information regarding the cash inflows and outflow (or initial cost). Envision applies Profitability Index (Pl) to make a decision of accepting or rejecting the project. Which of the following is the correct decision that Envision should make for this project? The required cost of capital for this project is 10%. Years Cash Flows 0 1 2 -$ 300,000 $ 85,000 $ 90,000 $ 180,000 $ 100,000 3 4 A. Reject the project because its Plis 0.8446 B. Accept the project because its Plis 0.8446 C. More information is in need D. Reject the project because its Pl is 1.184 E. Accept the project because its Pl is 1.184 Mc Graw Hill Education