Kartman Corporation is evaluating four different real estate investments. Management plans to buy the properties today and sell them three years from today. The annual discount rate for these investments is

15%.

The following table summarizes the initial cost and the sale price in three years for each property:

	Cost Today		Sale Price in Year 3
Parkside Acres	$650,000		$1,150,000
Real Property Estates	800,000		1,400,000
Lost Lake Properties	650,000		1,050,000
Overlook	150,000		350,000

Kartman has a total capital budget of

$800,000

to invest in properties. Which properties should it choose?

he profitability index for Parkside Acres is ?????

The profitability index for Real Property Estates is .????

The profitability index for Lost Lake Properties is .????

The profitability index for Overlook is .???