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I am unsure what the profitability Index would be here? Based on the cash flows given below, calculate the PI of a project that has

I am unsure what the profitability Index would be here?

Based on the cash flows given below, calculate the PI of a project that has a required rate of return of12percent. Also, indicate whether the project should be accepted.(Round answer to 2 decimal places, e.g. 25.25.)

Year 0:-$83,000

Year 1:$22,000

Year 2:$38,000

Year 3:-$14,000

Year 4:$110,000

Calculate the PI

Accept project: Yes OR No

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