Information on four investment proposals is given below: Investment Proposal B. s (360,000) $ 150,000) $ (130,000) $ (1,200,000) 506,000210,300 197,300 1,601,100 s 146,000 60,300 67,300 401,100 Investment required Present value of cash inflows Net present value Life of the project 7 years 6 years 6 years 5 years Required: 1. Compute the project 2. Rank the proposals in terms of preference. profitability index for each investment proposal. (Round your answers to 2 decimal places.) Project Investment Profitability Preference Proposal Index Rank