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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

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 13%. The following table
summarizes the initial cost and the sale price in three years for each property:
Kartman has a total capital budget of $850,000 to invest in properties. Which properties should it choose?
The 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 ?
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