Exercise 14-5 (Algo) Preference Ranking [LO14-5] Information on four investment proposals is given below: A Investment required Present value of cash inflows Net present value $ (360,000) 506,900 $146,900 Life of the project 5 years Required: B Investment Proposal (50,000) 67,600 $ 17,600 7 years C $ (140,000) 214,300 $ 74,300 6 years 1. Compute the profitability index for each investment proposal. (Round your answers to 2 decimal places.) $ (840,000) 1,121,400 $ 281,400 6 years