Information on four potential projects is given below: Project Investment required A $(350,000) B C $(390,000) $(450,000) Present value of cash inflows 535,000 590,000 Net present value $ 185,000 $ 200,000 670,000 $220,000 D $(480,000) 730,000 $ 250,000 Ignore income taxes. 1. Compute the project profitability index for each project. (Round your answers to 2 decimal places.) Required: Project Project Profitability Index A BCD 2. Rank the projects in terms of preference.