Information on four investment proposals is given below! Tovesteent Proposal Investment required Present value of cash inflows Net present value Life of the project 5(360,000) $(50, 200) 5(140,000) $ (848,000) 506,00 67.00 214 $ 146,900 17.00 $ 74.300 $ 281.480 5 years 7 years 6 years 6 years Required: 1. Compute the project profitability Index for each Investment proposal (Round your answers to 2 decimal places.) 2 Rank the proposals in terms of preference. Project investment Proposal profitability I Index Preference Information on four investment proposals is given below! Tovesteent Proposal Investment required Present value of cash inflows Net present value Life of the project 5(360,000) $(50, 200) 5(140,000) $ (848,000) 506,00 67.00 214 $ 146,900 17.00 $ 74.300 $ 281.480 5 years 7 years 6 years 6 years Required: 1. Compute the project profitability Index for each Investment proposal (Round your answers to 2 decimal places.) 2 Rank the proposals in terms of preference. Project investment Proposal profitability I Index Preference