Gold Mining, Inc. is using the profitability index (PI) when evaluating projects. Gold Minings cost of capital is 12.52 percent. What is the PI of a project if the initial costs are $1,735,250 and the project life is estimated as 10 years? The project will produce the same after-tax cash inflows of $493,243 per year at the end of the year. PLEASE SHOW ALL WORK INCLUDING HOW TO CALCULATE PVAF