(Ignore income taxes in this problem.) The management of Helberg Corporation is considering a project that would require an investment of $185,000 and would last for 6 years. The annual net operating income from the project would be $102,000, which includes depreciation of $19,000. The scrap value of the project's assets at the end of the project would be $25,300. The cash inflows occur evenly throughout the year. The payback period of the project is closest to:

1.5 years1.8 years1.3 years1.5 years

(Ignore income taxes in this problem.) The management of Cantell Corporation is considering a project that would require an initial investment of $51,000. No other cash outflows would be required. The present value of the cash inflows would be $75,080. The profitability index of the project is closest to:

1.47

0.53

0.47

0.32