Information on four investment proposals is given below. A B Investment required Present value of cash inflows Net present value. $ (350,000) 491,800 $141,800 $ (110,000) 152,400 $ 42,400 $ 69,500 Life of the project 5 years 7 years Investment Proposal C $ (130,000) 199,500 D $ (2,250,000) 3,004,600 $ 754,600 6 years 6 years Required: 1. Compute the profitability index for each investment proposal. (Round your answers to 2 decimal places.) 2. Rank the proposals in terms of preference. Investment Profitability Proposal Index Rank Preference A BCD